020 7898 0500The Halifax house price index showed that the price of households increased by 1.4% in July which was better than expected. The markets had been expecting an increase of just 0.2%, so the housing market is clearly in a period of rude health at the moment. Year-on-year, prices increased by 3.3% which was higher than the 2.7% forecast.
Today is extremely quiet in the UK, although Friday is rather busy, with the balance of trade for June, construction output and the all-important GDP growth rate for the second quarter of 2018 set for release. We could see further sterling volatility towards the end of the week, depending on how the UK economy has fared of late.
From To
