• 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. Records Strongest House Price Growth Run Since 2004

December 7, 2020 by Forex Winner Leave a Comment

U.K. Records Strongest House Price Growth Run since 2004

U.K. house prices closed 7.6% higher in November 2020 than the same month a year earlier, according to Halifax press release. On a monthly basis, house prices rose 1.2% in November from October’s level above the expected 0.5%. 

Halifax House price change chart
  • The monthly 1.2% housing price gain adds almost 3,000 pounds to the cost of a typical U.K. home.
  • Since June, the average housing price has gained more than 15,000 pounds or 6.5%, the strongest-five monthly gain since 2004 to reach an average price of 253,243 pounds.
  • In the September-November quarter, house prices were 3.8% higher than in the preceding June-August quarter.
  • Mortgage approvals were at a 13-year high, as the current market continues to be shaped by a desire for more space, move from urban to rural locations, and home working trends.
  • Despite agreed sales and new instructions to sell falling to their lowest in the past five months, both remain at historically high levels and above seasonal norms.
  • Properties sold to home-movers recorded house price inflation of 7.9% higher than first-time buyers at 5.8% ahead of the approaching stamp duty holiday deadline in March.

U.K stocks are gaining as the pound loses. FTSE 100 is up 0.049%, GBPUSD is down 0.78%

Best Forex Robots ›

Compare leading trading systems on the market

Filed Under: Forex News

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Your email address will not be published.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

Mexico’s Inflation Eases in September

September 22, 2023

The Potential Government Shutdown: Should Investors Be Concerned?

September 21, 2023

Investor Interest in Arm Holdings PLC Dips After Strong Debut

September 19, 2023

Footer

Forex Broker Reviews

icm capital

ICM Capital Review

September 13, 2019 By Forex Winner

liteforex

LiteForex Review

November 8, 2019 By Forex Winner

Fidelity Review

November 19, 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