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MSE News: Halifax: House prices fell in August

Former_MSE_Helen
Posts: 2,382 Forumite
"The average house price is £160,256, which was 0.4% lower than the previous month, says Halifax ..."
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Halifax: House prices fell in August

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Halifax: House prices fell in August

This thread is not in the 'discuss house prices and economy board' as that is only open to those logged into the forum so anyone coming from the news story may not be able to see it.
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Comments
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And last week Nationwide said there was an increase!0
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Prices falling for two consecutive months? I wouldn't sound the alarm bells yet. If you do the maths it's still an insignificant figure. I always used to accuse the Halifax of talking the market up but they seem to have switched sides with the Nationwide.
I'm more concerned about mortgage fees rising by 70% which is absolutely shocking. I know banks and building societies have to get money from somewhere but if it's reduced levels of demand making them put up fees I'd suggest that's counterintuitive.0
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