FOREX TradingCharts.com

Financial News: UK Halifax House Price Growth Eases In May

UK Halifax House Price Growth Eases In May

06/07/2017 - 04:26:00 (RTTNews)

(RTTNews) - UK house prices increased at a slower pace in May, data from the mortgage lender Halifax and IHS Markit showed Wednesday.

House prices climbed 3.3 percent in three months to May from the previous year, slower than the 3.8 percent increase in three months to April. This was the slowest growth since May 2013, but faster than the expected 3 percent.

Quarter-on-quarter, house prices declined 0.2 percent, the same pace of decrease as seen in three months ended April. House prices decreased for the second time since November 2012.

On a monthly basis, house prices climbed 0.4 percent after staying flat in April. Prices were expected to fall 0.2 percent.

"The fact that the supply of new homes and existing properties available for sale remains low, combined with historically low mortgage rates and a high employment rate, is likely to support house price levels over the coming months," Martin Ellis, Halifax housing economist, said.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2017 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


U.S. Durable Goods Orders Drop 1.1% In May, More Than Expected (11 min(s), 55 sec(s) ago)
(RTTNews) - New orders for U.S. manufactured durable goods fell by more than expected in the month ...Full Story»

U.S. Durable Goods Orders Drop More Than Expected In May (01 hr(s), 05 min(s), 55 sec(s) ago)
(RTTNews) - New orders for U.S. manufactured durable goods fell by more than expected in the month ...Full Story»

ARGENTINA: Annual Inflation Will Slow To 22% In July, Says Central Bank Head (01 hr(s), 23 min(s), 55 sec(s) ago)
(RTTNews) - Inflation in Argentina will be around 21% or 22% per year in July and decline in the c ...Full Story»

German Ifo Business Confidence At Record High (03 hr(s), 0 min(s),55 sec(s) ago)
(RTTNews) - German business confidence strengthened to a record high in June, breaking last month& ...Full Story»

Poland Jobless Rate Declines As Expected In May (04 hr(s), 21 min(s), 55 sec(s) ago)
(RTTNews) - Poland's unemployment rate decreased for the fourth straight month in May, in line ...Full Story»

UK Mortgage Approvals At 8-Month Low: BBA (04 hr(s), 33 min(s), 55 sec(s) ago)
(RTTNews) - UK mortgage approvals declined to an eight-month low in May, the British Bankers' ...Full Story»

Hong Kong Trade Deficit Widens In May (04 hr(s), 39 min(s), 55 sec(s) ago)
(RTTNews) - Hong Kong's foreign trade gap widened in May from a year ago, as imports grew fast ...Full Story»

Germany's Ifo Business Confidence Strengthens In June (05 hr(s), 26 min(s), 55 sec(s) ago)
(RTTNews) - German business confidence strengthened in June, the Ifo Institute reportedly said Mon ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

U.S. Durable Goods Orders Drop 1.1% In May, More Than Expected

06/26/2017 - 09:39 AM (RTTNews)
(RTTNews) - New orders for U.S. manufactured durable goods fell by more than expected in the month ...Full Story>>

U.S. Durable Goods Orders Drop More Than Expected In May

06/26/2017 - 08:45 AM (RTTNews)
(RTTNews) - New orders for U.S. manufactured durable goods fell by more than expected in the month ...Full Story>>

ARGENTINA: Annual Inflation Will Slow To 22% In July, Says Central Bank Head

06/26/2017 - 08:27 AM (RTTNews)
(RTTNews) - Inflation in Argentina will be around 21% or 22% per year in July and decline in the c ...Full Story>>

German Ifo Business Confidence At Record High

06/26/2017 - 06:50 AM (RTTNews)
(RTTNews) - German business confidence strengthened to a record high in June, breaking last month& ...Full Story>>

Poland Jobless Rate Declines As Expected In May

06/26/2017 - 05:29 AM (RTTNews)
(RTTNews) - Poland's unemployment rate decreased for the fourth straight month in May, in line ...Full Story>>

Binary Options Articles Courtesy of NADEX

These pages, and all content ©TradingCharts.com Inc and other copyright holders. Permission is not granted to redistribute charts, data, news or other information found on this site, in any manner. Although it is believed that information provided is accurate, TradingCharts will not accept liability for any loss or damage that may arise from use of the content, inability to access the website, or delay or failure of receive of any information provided through this site.