Halifax HPI shows house prices edge down as inflation fears push up borrowing costs

shutterstock_2718795045

Source: Shutterstock

Bank’s head of mortgages says market showing ‘resilience’ despite global uncertainty

House prices edged down in April as inflation fears pushed up borrowing costs.

According to the Halifax house price index, the average property price stood at £299,313 in April, down 0.1% month-on-month.

This followed a 0.5% fall in March.

Login or Register for free to continue reading Housing Today

To continue enjoying housingtoday.co.uk, REGISTER FOR FREE

Already registered? Login here

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Sign up below to receive:

  • Breaking industry news as it happens
  • Gain access to Housing Today’s Specialist CPD modules
  • Expert News and analysis

It takes less than one minute….

Join the Housing Today community - REGISTER TODAY

… or subscribe for full access - Subscribe now