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The Guardian - UK

Business

Julia Kollewe

UK house prices flat after four-month fall as interest rates bite

Interest Rates United Kingdom Halifax

Top down aerial view of houses and streets in a residential area — The housing market has slowed across all UK nations and regions and is likely to slow further this year. Photograph: Samuel Foster/Getty Images/iStockphoto

UK house prices were roughly flat in January, having fallen in the previous four months, according to Halifax.

Average prices were stable at £281,684 last month, the lender said, after sharp falls of 1.3% in December and 2.4% in November.

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