House price growth slows but remains in double digits, says Halifax

By Carl Brown2022-06-08T07:54:00

Market ‘showing signs of cooling’ but lack of supply means growth is still historically high

House prices in May rose at their slowest rate since the start of the year, according to the Halifax.

The mortgage lender’s monthly house price index shows annual price growth has slowed slightly, although it remains historically high at 10.5%. Annual growth has slowed in each of the last four months, following a 15-year high of 10.8% in February.

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