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The prices of houses in the UK have unexpectedly denied in February, since the completion of the sale of property is driven by tax rest, said the mortgage lender Halifax.
The average price of a house in the UK fell 0.1 percent from January to £ 298,602, Halifax said. On an annual basis, the average price increased at a rate of 2.9 percent, the same rate as January.
Price changes were below the forecasts. The economists surveyed by Reuters forecast 0.3 percent per month growth and 3.1 percent of the annual increase.
Amanda Bryden, a mortgage manager at Halifax, said the figures showed the “sensitive balance” on the US House market, noticing the pale influence of the holidays on the customs that encouraged the sale. Now there is a little time to complete the purchase before the tax returns again in April.
But she said that permanent demand and constant disadvantage of housing supply suggested that “real estate prices would continue to grow this year, although a pace measured by the last year” – although higher interest rates have hit accessibility for many people.
The data on Friday is contrary to data last week from the mortgage lender across the country, which indicated that the average price of the house increased more than expected in February, a monthly rate of 0.4 percent.
When a break on the brand is over next month, first time buyers will start paying imposed purchases in the amount of £ 300,000 or more pounds, not £ 425,000 now.
The current holiday holiday on the brand was announced in September 2022.
