Jun
07
U.K. House-Price Growth May Ease Later This Year, Halifax Says
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Lender says values rose 0.6% from April, gain 8.7% on year
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Labor market, low interest rates will support values: Halifax
U.K. house-price growth may be set to slow after a surge in values stretched affordability, according to Halifax.
Values climbed 0.6 percent in May, after declining 0.8 percent in April, the mortgage lender said in a statement on Tuesday. Prices were up 8.7 percent from a year earlier, to an average 213,472 pounds ($310,000). On a less-volatile quarterly basis, prices gained 1.4 percent from the previous three months…
U.K. House-Price Growth May Ease Later This Year, Halifax Says
