UK house price growth easing, says the Halifax – BBC News

The UK saw housing prices increase by a substantial margin recently. But new reports suggest that the price growth will be easing. Property prices in May and July were noticeably lower for families. Mortgage data will be provided for those that are interested in the figures. Speculators are following the development with interest as the prices rise. That could open up investment opportunities for anyone following along. UK housing prices are well worth the upfront investment.

Key Takeaways:

  • Housing price growth in the UK is falling for the first time since 2012.
  • One big reason for this is the lack of housing options for would-be buyers.
  • No immediate interest rise is expected in the near future, according to experts.

“The Halifax says demand is weaker owing to a cocktail of weak wage growth, a rise in prices in the shops, and affordability concerns.”

Read more: https://www.bbc.co.uk/news/business-40848771