House prices picked up in July according to Halifax

Latest Halifax House Price Index report – July 2018 released today headlines ‘Annual House Price Growth Rises to 3.3% in July’.

The Halifax report reveals house prices in the three months to July 2018 were 3.3% higher than in the same three months a year earlier.

On a monthly basis, prices rose by 1.4% in July, while in the latest quarter (May-July) prices were 1.3% higher than in the preceding three months (February-April 2018) according to the Halifax House Price Index report.

Russell Gally, Managing Director, Halifax, said:

“House prices picked up in July, with the annual rate of growth rising from 1.8% in June to 3.3% in July, the largest increase since last November. The average house price is now £230,280, the highest on record. House prices in the three months to July were 1.3% higher than in the previous quarter, the fastest quarterly increase, again, since November.” more….

Read the latest halifax House Price Index report – July 2018 in full click here.

Allen Walkey

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

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