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Comment on the Hailfax House Price Index (June)

8th July 2010 | back to article listings BACK    print this article PRINT

Stuart Law, Chief Executive of Assetz, on the Halifax House Price Index (June):

“The latest Halifax data shows the UK housing market is pausing for breath following the huge increase in house prices since April last year. This should not be read as prices reversing however but reflects a period of uncertainty for buyers in the market last month in the weeks post election and pre-emergency budget.

“We still fully expect a modest 5% overall growth for 2010 for the UK as a whole as house price inflation slows whereas the Halifax expects flat prices in the part of the market it serves. The market was already up 2% this year by May and we expect a little further growth in the second half of 2010.”

-ENDS-

Notes to Editors

About Assetz plc

Assetz plc heads up a group of well-known and successful property investment and development companies, delivering carefully selected UK and overseas property as well as property funds, financial planning, education, finance and after-sales service. Assetz offers expertise and peace of mind whether a buyer is seeking an investment or a residential property.

Assetz: 0845 400 9000 or visit www.assetz.co.uk

For further information please contact:

Suman Hughes or Laura Scarrott, The Wriglesworth Consultancy:

020 7427 1400 s.hughes@wriglesworth.com l.scarrott@wriglesworth.com

Chief Executive’s Blog: http://investors.assetz.co.uk/blog/archives.php


This is a press release by Assetz also available at http://press.assetz.co.uk/articles/5217.html. Alternatively, please see our full press release archive.

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