August 13, 2024

House Prices See 0.8% Rise in July; Halifax Foresees Modest Growth as Rates Ease

House Prices See 0.8% Rise in July; Halifax Foresees Modest Growth as Rates Ease

House prices rose by 0.8% in July, according to Halifax, which anticipates a “modest upward trend” in the market following the recent base rate cut. However, Eastern England remains an outlier, being the only region where prices have declined compared to last year.