Economic Indicators
UK house prices fall at fastest rate since early 2021 -Halifax
2022.11.07 02:56
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© Reuters. FILE PHOTO: A ‘For Sale” sign is seen outside a residential house during sunrise in London, Britain, September 28, 2022. REUTERS/Hannah McKay
LONDON (Reuters) – British house prices fell in October at the fastest monthly rate since February 2021, in a fresh sign of a weaker housing market, mortgage lender Halifax said on Monday.
House prices dropped 0.4% month-on-month last month, after a 0.1% fall in September, Halifax said.
In annual terms, house prices were 8.3% higher in October, slowing from 9.8% in September.
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