Halifax house prices dropped 2.9% in January from December as Brexit uncertainty continued, according to UK. January's figures represent the biggest monthly decline since April 2018 and come after a 2.5% rise in house prices in December. On a yearly basis, house prices have grown by just 0.8% in the three months to January, the mortgage lender said. Meanwhile, Nationwide reported that annual house price growth had declined to 0.1%, the lowest level in almost six years.
UK house prices dropped 2.9% in January from December as Brexit uncertainty continued, according to Halifax. January's figures represent the biggest monthly decline since April 2018 and come after a 2.5% rise in house prices in December. On a yearly basis, house prices have grown by just 0.8% in the three months to January, the mortgage lender said. Meanwhile, Nationwide reported that annual house price growth had declined to 0.1%, the lowest level in almost six years.