Despite the cost of living crisis, UK house prices increased the most in eight months in February underpinned by improving consumer confidence and the resilient labor market, data from the Lloyds Bank subsidiary Halifax and S&P Global showed on Tuesday.
House prices logged a monthly increase of 1.1 percent in February, faster than the 0.2 percent increase posted in January, while economists had forecast a 0.3 percent fall.
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.