June 07, 2024 06:11 GMT
UK House Prices Static In May: Few Surprises
CREDIT MACRO
Halifax House Prices reported static in May (-0.1% m/m) with the annual change remaining low (at +1.5%, from +1.1% in April). Few surprises here and the impending general election usually slows the housing market so the Summer season likely to be delayed a month. Few credit implications, in our view.
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