House prices up 1.5% year-on-year in May, says Halifax

By Daniel Gayne2024-06-07T09:35:00

But values falling slightly in the shorter term

The annual rate of house price growth in the UK was 1.5% in May, up from 1.1% in April.

According to the latest Halifax house price index, the average house price in May stood at £288,688, the sixth consecutive month of growth on an annual basis.

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