Halifax index reveals surprise monthly gains
A 2.2% monthly rise in the Halifax house price index caught commentators by surprise, but dig a bit deeper and the headline is “stability”. Annually, prices are up a more modest 1.3% and the quarter has given a statistically insignificant -0.4%. Accompanying comment included a prediction of 2% to 4% price rises in 2019, with an obvious six-letter disclaimer. Grab yourself a copy of the report here.