UK house prices inch higher in April, Halifax says
- Average house prices have stabilized in early 2024, with property values growing annually by 1.1%, an increase from 0.4% the previous month, noted by Amanda Bryden, head of mortgages at Halifax.
- The housing market is adapting to higher interest rates, resulting in increased confidence among homebuyers despite borrowing costs being higher.
- Mortgage activity and demand have improved, as shown by a rise in mortgage applications and approvals hitting an 18-month peak in the industry.
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Leaning Left2Leaning Right2Center3Last Updated12 days agoBias Distribution43% Center
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42% Center
L 29%
C 42%
R 29%
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