The substantial rise in the Halifax house price index in June was surprising given the softening in the Nationwide figures in the same month, and the deterioration in leading indicators of housing market activity. As such, the 18-year high in house price inflation of 13% y/y is likely to mark the peak before house prices start to decline next year.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services