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UK House Prices Continue To Fall In September

By Renju Jaya   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

UK house prices fell for the sixth straight month in September as higher interest rates weighed on mortgage affordability, survey data from the Lloyds Bank subsidiary Halifax and S&P Global showed Friday.

House prices slid 0.4 percent on a monthly basis in September. This was the sixth straight month of decline but markedly slower than the 1.8 percent fall in August. Prices were forecast to decrease 0.8 percent.

A typical UK home costs GBP 278,601, a similar level was last seen in early 2022.

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