Hudson Moody
07 June 2012

HALIFAX PREDICTS UK HOUSE PRICES STABLE FOR REST OF 2012

HALIFAX PREDICTS UK HOUSE PRICES STABLE FOR REST OF 2012 UK house prices will end the year at the same level as now owing to tough economic conditions, a lender has predicted.

HALIFAX PREDICTS UK HOUSE PRICES STABLE FOR REST OF 2012

The Halifax, now part of the Lloyds Banking Group, said prices were broadly the same as a year ago, falling by 0.

1% in May compared with a year earlier.

Various surveys have suggested the UK housing market is relatively stagnant.

But Halifax said prices had picked up between April and May, rising by 0.

5%, to an average of £160,941.

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