Wednesday, October 4, 2006
House prices going up…really…read it again..
Halifax report house price inflation falling for third successive month to 8.0%, the lowest rate since April 2006
Commenting, Martin Ellis, Chief Economist, said: "House prices rose by 1.0% in September. The annual rate, however, eased for the third successive month to 8.0%, the lowest rate since April 2006. We expect increased utility bills and higher interest rates to curb housing demand over the coming months, causing annual house price inflation to ease between now and the end of the year."