Halifax House Price Index: House prices to remain stable in 2013 after rise in December

HalifaxFollowing hot on the heels of the Nationwide’s figures released last week, the Halifax has now revealed its own house price data for December. The figures make interesting reading. Whilst they show an annual drop of 0.30%, lower than the Nationwide’s reported fall of 1%, there is evidence that prices are “firming” with a 0.6% increase over the past quarter and a 1.3% rise during the month of December itself. According to the Halifax the average home ...

Housing & mortgage round up: House prices rise as do mortgage approvals

Housing & mortgage round upTwo house price surveys out this week, both showing a rise in house prices, whilst the number of mortgage approvals has risen and mortgage affordability is improving. All good news? Well, not quite. The housing market is still volatile, with any monthly rises being cancelled out by falls, to create a stagnant picture and mortgage finance is becoming even harder to obtain for people without large deposits. Nationwide: Surprise rise in house price...