Housing prices in UK rise above expectations: Halifax report

  • Jan 08, 2020 GMT
  • Team Kalkine
  • As on January 08, 2020, Halifax data showed that House price in the UK increased by 4% on a YoY basis in December 2019, higher against a 2.1% rise in November 2019 and substantially above the consensus estimate of 1.5% increase.
  • The average house price in the UK during December 2019 stood at £238,963. Managing Director of Halifax, Russell Galley commented that uncertainties are expected to ease in 2020.

With Bank of England reducing the interest rates to a historic low level, the spotlight is back on diverse investment opportunities. 

Amidst this, are you getting worried about these falling interest rates and wondering where to put your money?

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