Annual House Price in the UK Posts Better Than Expected Growth - Forex News by FX Leaders
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Annual House Price in the UK Posts Better Than Expected Growth

Posted Wednesday, May 8, 2019 by
Arslan Butt • 1 min read

According to data released by Halifax, UK’s annual house price posted a better than expected growth during April. House prices in the three months to April grew by 5% when compared to the same period last year.

This has been the highest rate of growth since 2017 and has come in better than the previous month’s 2.6%. The figure beats expectations which were for a 4.5% annual increase.

Even as house prices around the UK continue to climb higher, they are declining in London. Unaffordable prices for buyers, changes in tax format and Brexit uncertainty have contributed to the fall in London house prices.

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About the author

Arslan Butt // Index & Commodity Analyst
Arslan Butt is our Lead Commodities and Indices Analyst. Arslan is a professional market analyst and day trader. He holds an MBA in Behavioral Finance and is working towards his Ph.D. Before joining FX Leaders Arslan served as a senior analyst in a major brokerage firm. Arslan is also an experienced instructor and public speaker.
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