Euronews is no longer accessible on Internet Explorer. This browser is not updated by Microsoft and does not support the last technical evolutions. We encourage you to use another browser, such as Edge, Safari, Google Chrome or Mozilla Firefox.
BREAKING NEWS

UK house prices increase at fastest rate in four months - Halifax

UK house prices increase at fastest rate in four months - Halifax
FILE PHOTO: Property sale signs are seen outside of a group of newly built houses in west London, Britain, November 23, 2017. REUTERS/Toby Melville -
Copyright
Toby Melville(Reuters)
Euronews logo
Text size Aa Aa

LONDON (Reuters) – British house prices increased in August at the fastest annual pace in four months, mortgage lender Halifax said on Friday.

House prices rose 1.8% year-on-year after a 1.5% rise in July, Halifax said, citing figures based on new methodology introduced as of this month.

Halifax’s new measure of annual house price growth no longer uses an average for the previous three months.

On the month, house prices rose 0.3%, after a 0.4% rise in July.

(Reporting by Andy Bruce)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on euronews.com for a limited time.