• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Best Managed Accounts
  • Forex Robots
  • Forex Brokers
  • Forex Signals
  • Social Trading Platforms

Forex Traders Guide

The Ultimate Forex Knowledge Base

  • Robots
  • Start Guide
  • Glossary
  • Basics
    • Currency Pairs
    • Charts
    • Candlesticks
    • Trading Tips
  • Strategies
    • Technical Analysis
    • Fundamental Analysis
    • Day Trading
    • Scalping
    • Swing Trading
    • Trend Following
  • News
  • Reviews
    • Forex Robots
    • Forex Brokers
  • Mustreads
  • Crypto Trading

U.K House Prices End 2020 6.0% Higher than Last Year amid Slowdowns

January 13, 2021 by Forex Winner Leave a Comment

U.K House Prices End 2020 6.0% Higher than Last Year amid Slowdowns

U.K average house prices were £253,374 in December, 6.0% higher than in the same month a year earlier, according to Halifax press release. The monthly house prices rose only 0.2% from November despite the October-December quarter having a 2.6% growth from the preceding three months. 

U.K House Prices End 2020 6.0% Higher than Last Year amid Slowdowns
  • December’s rise in average house prices stretches the current run of continuous gains to six months.
  • The 0.2% rise in house prices in December was the slowest seen in the last six months and significantly down on the 1.0% increase in  November.
  • During the first half of the year, house prices fell 0.5% due to the restrictions brought about by the COVID-19 pandemic.
  • Housing prices rose during the second half of the year due to pent-up demand, a higher desire by buyers for greater space, and the time-limited incentive of the stamp duty holiday.
  • Mortgage approvals remain at a 13-year high, which could add residual strength in the market to sustain prices up to the stamp duty holiday deadline at the end of March.
  • Downward pressure on housing prices could, nonetheless, be brought by renewed national lockdowns and rising unemployment in the coming months.

U.K stocks and the pound are currently gaining. FTSE 100 is up 0.24%, GBPUSD is up 0.15%

Best Forex Robots ›

Compare leading trading systems on the market

Filed Under: Forex News Tagged With: House Prices, UK

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Best Forex Robots

  1. Techberry 8.7
  2. Happy Forex 8.0
  3. Forex Fury 7.7
  4. Promax Gold EA 6.8
  5. Gump EA 6.4

Best Forex Brokers

  1. Techberry 8.7
  2. XM 8.2
  3. eToro 8.1
  4. Pepperstone 8.1
  5. IG 8.0

Latest News

Singapore Blank-Check Company to Acquire Taiwan Social-Entertainment Platform

October 2, 2023

High Blood Pressure in Seniors: A Balancing Act

September 30, 2023

Auto Strikes Cause Stock Market Struggles

September 29, 2023

Footer

Forex Broker Reviews

city index

City Index Review

September 12, 2019 By Forex Winner

ayondo

Ayondo Review

June 14, 2019 By Forex Winner

hycm

HYCM Review

September 9, 2019 By Forex Winner

Forex Robot Reviews

Earn2Trade Review

August 20, 2023 By Andre

FundedNext Review

August 16, 2023 By Andre

Topstep Forex Review

August 14, 2023 By Andre

EMAIL NEWSLETTER

Sign up to receive exclusive forex trading guides and insights from our team of experts!

Copyright © 2023 · Forex Traders Guide · About Us · Contact Us
Privacy Policy · Risk Disclosure