The latest data from Halifax has revealed that during the last three months house prices were 1.4% higher than between April and June. This is the fastest price growth, on this measure, since February.
- prices in the three months to September were 4.0% higher than in the same three months a year earlier.
- The annual rate in September is higher than in August (2.6%) and at its highest growth rate since February.
- The Halifax data shows that house prices rose by 0.8% between August and September, following a 1.5% increase in August.
- Total UK home sales remained flat in August but still exceeded 100,000. Sales in August remained unchanged from July and exceeded 100,000 for the eighth month in succession. In the three months to August home sales were 1% higher than in the preceding three months. (Source: HMRC, seasonally-adjusted figures)