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05/09/2001
Halifax report houses prices are continuing to rise
The latest figures released by leading mortgage lender Halifax have shown that the annual rate of house price inflation has hit 10.9 per cent.
The Halifax, UK’s largest mortgage bank, also revealed that that house prices in August rose by 1.5 per cent, more than twice the increase seen in July.
The bank has suggested that low interest rates and strong consumer confidence have been behind the latest upsurge in house prices.
According to the bank, the average price of a UK house is now £94,101, a rise of just under £9,000 compared to the beginning of the year.
This latest housing forecast from the Halifax follows a Nationwide report on Tuesday which forecast that any housing slowdown would not kick in until next year at the earliest.
The Nationwide forecast a similar level of annual inflation to the Halifax, after it revised up its original estimate to 11 per cent on Tuesday.
However the Nationwide report did not consider that a reversal in the trend would be felt until next year. (MB)
The Halifax, UK’s largest mortgage bank, also revealed that that house prices in August rose by 1.5 per cent, more than twice the increase seen in July.
The bank has suggested that low interest rates and strong consumer confidence have been behind the latest upsurge in house prices.
According to the bank, the average price of a UK house is now £94,101, a rise of just under £9,000 compared to the beginning of the year.
This latest housing forecast from the Halifax follows a Nationwide report on Tuesday which forecast that any housing slowdown would not kick in until next year at the earliest.
The Nationwide forecast a similar level of annual inflation to the Halifax, after it revised up its original estimate to 11 per cent on Tuesday.
However the Nationwide report did not consider that a reversal in the trend would be felt until next year. (MB)
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07 March 2002
Halifax report continuing rise in house prices
House prices in the UK have risen by almost 17 per cent according to the latest survey figures released by the Halifax. The report, published on Thursday 7 March, has shown that in February, property prices rose by more than one-sixth on the same time a year earlier – representing the fastest annual rate of growth in 12 years.
Halifax report continuing rise in house prices
House prices in the UK have risen by almost 17 per cent according to the latest survey figures released by the Halifax. The report, published on Thursday 7 March, has shown that in February, property prices rose by more than one-sixth on the same time a year earlier – representing the fastest annual rate of growth in 12 years.
20 February 2002
NI house prices still rising
A report by the University of Ulster has revealed that house prices in Northern Ireland are still rising, but the recent boom in the property market has slowed down.
NI house prices still rising
A report by the University of Ulster has revealed that house prices in Northern Ireland are still rising, but the recent boom in the property market has slowed down.
10 December 2001
Further falls in price of UK manufactured goods
The Office of National Statistics have produced a report which shows that the price of goods manufactured in the UK have fallen in the last month. Between October and November the UK producer prices fell by 0.4 per cent, compared with a fall of 0.2 per cent between September and October.
Further falls in price of UK manufactured goods
The Office of National Statistics have produced a report which shows that the price of goods manufactured in the UK have fallen in the last month. Between October and November the UK producer prices fell by 0.4 per cent, compared with a fall of 0.2 per cent between September and October.
01 October 2001
UK house prices soar by 2.8 per cent
UK house prices rose 2.8 per cent in September, the highest monthly increase in eight years, according to a report by the building society Nationwide. The figures revealed in the report reveal that the price of the average UK home was 15 per cent higher last month than in September 2000.
UK house prices soar by 2.8 per cent
UK house prices rose 2.8 per cent in September, the highest monthly increase in eight years, according to a report by the building society Nationwide. The figures revealed in the report reveal that the price of the average UK home was 15 per cent higher last month than in September 2000.
04 September 2001
Nationwide revises housing prediction
The Nationwide building society has reported house prices up 0.4 per cent last month, and predicted that house prices will end the year 11 per cent higher than they began, compared with an earlier forecast of a seven per cent rise.
Nationwide revises housing prediction
The Nationwide building society has reported house prices up 0.4 per cent last month, and predicted that house prices will end the year 11 per cent higher than they began, compared with an earlier forecast of a seven per cent rise.
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