Economics
U.K. House Prices Are Rising at the Slowest Pace in Six Years
This article is for subscribers only.
Britain’s housing slowdown continued to worsen through the fourth quarter, with price growth cooling to the least in six years.
Prices rose just 0.3 percent in the three months through November compared with a year earlier, Halifax said Friday. On the month, prices plunged 1.4 percent to an average 224,578 pounds ($286,000), missing forecasts for a 0.2 percent increase.