Jan
09

U.K. House Prices Show Strong End to 2016 That May Not Last

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  • Annual house-price growth rises 6.5% in Dec., Halifax says
  • Slower growth, rising inflation set to reduce demand this year

U.K. home prices had a strong end to last year, according to Halifax, though will likely slow over the course of 2017.

The mortgage lender said values rose 1.7 percent compared with a month earlier as a shortage of homes continued. From a year earlier, values in the three months to December were 6.5 percent higher. That’s likely to slow by between 1 and 4 percent by the end of this year as the economy weakens…

U.K. House Prices Show Strong End to 2016 That May Not Last

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