Davy Research

Market comment

Halifax index to show UK house prices slowing

DAVY VIEW

The Halifax index of UK house prices for August will be released this morning. House price inflation in July slowed to 2% with prices falling 0.2% over the past three months. Alternative measures point to further weak price trends in August. Notably, the RICS survey has suggested that the sharp slowdown in London is now spreading across south-east England.

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