UK house prices hit record high, but cost of living squeeze will slow growth ‘considerably’ – business live

  • 📰 The Guardian
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 53%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Rolling coverage of the latest economic and financial news

UK house prices have hit record highs last month, but the cost of living squeeze means growth is likely to “slow considerably” this year, mortgage lender Halifax says. Halifax has just reported that house prices rose by 0.3% last month, their slowest monthly rise since last June. On an annual basis, the rate of growth remained steady at 9.7% last month. But with household budgets squeezed by rising inflation, and higher interest rates pushing up mortgage costs, the market is expected to cool.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Indeed , but the guardian wrote the contrary last month 🪐

not for them put in hotels pretending they are refugees

To be successful in life you must be a partaker of those who are winning it big in life even since I came in contact with ThomsonRobert0 I must say it has been I successfully journey through bitcoin and with the knowledge of ThomsonRobert0 contact him and be among the partaker

Shouldn't it have been decreasing brcause of lack of demand?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 84. in CA

Canada Canada Latest News, Canada Canada Headlines