UK house prices rise at fastest pace since late 2022

Ashley Webb, UK economist at Capital Economics, said the Halifax data “supports our view that the housing market isn’t on the precipice of a new downturn”. He added: “Admittedly, we don’t expect house...

Ashley Webb, UK economist at Capital Economics, said: “The small fall in the Nationwide house price index in August suggests affordability constraints continue to bite. However, the further drop in...

“There is scope for mortgage rates to fall further and house price growth to accelerate early next year,” said Ashley Webb, UK economist at consultancy Capital Economics.