UK house prices rising amid shortage of properties, says Halifax ... - The Guardian

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UK house prices rising amid shortage of properties, says Halifax … – The Guardian

A UK newspaper has published an article about rising house prices. Against expectations, the average price for a house in the UK went up by 1.1% in the month of August. The three-month increase was 2.6%. The source was the UK’s largest mortgage company. Experts had predicted a slowdown. The increase might be due to lower unemployment and continuing low mortgage rates. Unemployment reached a forty two year low this year. Another expert warned against being too excited by this growth, citing long term effects of Brexit.