UK house prices reach new high but growth is slowing, says Halifax

Prices ended 2020 up 6% on the previous year on pent-up demand and stamp duty holidayThe average price of a house in the UK reached a record high of £253,374 in December but growth is slowing and prices may fall over the year, according to Halifax.Britain’s biggest mortgage lender said UK house prices ended 2020 on average 6% higher than in 2019 as pent-up demand following the first national lockdown and the government’s stamp duty holiday spurred a home buying boom. Continue reading... https://www.theguardian.com/money/2021/jan/08/uk-house-prices-new-high-growth-slowing-halifax-stamp-duty #house_prices #property #money #uk_news #business #mortgages #stamp_duty