Halifax records 2.4% drop in house prices for May

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Halifax records 2.4% drop in house prices for May

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06-06-2008, 04:45 AM

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Halifax records 2.4% drop in house prices for May

The decline in UK house prices continues with Halifax, the country’s largest mortgage lender, recording a 2.4% decrease in May.This is in line with a 2.5% drop for the month reported by Nationwide earlier this week.According to Halifax, house prices are now 3.8% below this time last year, with the average price of a home [...]

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« Market downturn not enough to help first-time buyers | Britons prefer fall to rise in house prices »

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