Halifax: House prices up three months in a row in July | Mail Online
House prices rose for the third month in a row in July with the property market slowly steadying, Halifax has reported.
A 0.3% rise in the average price of a property last month saw house prices up by 0.5% quarterly – the first three-month increase for more than a year.
But while prices are avoiding a downward spiral, transactions remained rooted at a very low level.
Halifax said that the average house price stands at £163,981 – down £200 on January’s figure and £3,500 on a year ago.
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