New house price figures out now from the Halifax
The second set of property market data for the first quarter of 2016 is out – this time from the Halifax.
Its figures for house prices for the year to March show an increase of 10.1% compared with a year earlier – making the average home nationwide worth £214,811.
This compared with the national average of £200,251 pinpointed by the Nationwide in its figures earlier in the week.
It can be confusing with so many different house price indexes – including the Halifax, Nationwide, Hometrack, the ONS and Land Registry – but the latest figures do all show the same trend for a strengthening market.
The Halifax has added a caveat to its report saying that uncertainty over the EU referendum could slow the market.
However, demand remains strong for property, unemployment is falling and interest rates remain low which should help insulate the market.
We’ve seen no let up in the market and demand for our wide range of property-related services.
Visit www.halifax.co.uk/house-price-index/ for full details of the Halifax house price index.
And, have a good weekend whatever you are up to!
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The second set of property market data for the first quarter of 2016 is out – this time from the…