9th February 2018
UK house prices fell for a second consecutive month in January, leaving the average price of a home at £223,285, a dip of 0.6% according to the Halifax. Prices fell 0.8% in December, stunting annual house price growth to 2.2%, its slowest rate in six months. Howard Archer, chief economic adviser at EY Item Club, said: "The latest Halifax data reinforces our belief that 2018 will be a difficult year for the housing market and price gains over the year will be limited to a modest 2%”.
The Daily Telegraph (07/02/2018)