UK November Halifax home costs +1.three% vs +zero.2% m/m anticipated

• Prior +zero.2%; revised to +zero.four%

Slight delay within the launch by the supply. UK home costs continued to climb in November, marking the fifth consecutive month-to-month improve within the index. This simply reaffirms the constructive momentum within the housing market, which wasn’t too badly affected by charge hikes earlier than this anyway. It bolsters the outlook going into subsequent yr, with the BOE set to chop charges additional down the road.

This text was written by Justin Low at www.ubaidahsan.com.



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