Money Tips Daily By Charles Kelly, Former Ifa And Author Of Yes, Money Can Buy You Happiness.

UK House Prices FALL For First Time In Over A Year Say Halifax As UK Economy Shrinks In Second Quarter · UK house prices suffer their first drop in a year according to figures compiled by Britain’s biggest lender. · Average property worth £293,221 · Annual growth highest in Wales at 14.7% · UK Economy shrinks and heads into recession Average UK house prices dipped in July 2022 for the first time in a year, according to property market data from Halifax. Watch video version https://youtu.be/EAFwHV0VQWQ The lender’s house price index revealed that price growth slowed by 0.1%, or £365, month-on-month since June, valuing an average UK home at £293,221. The annual rate of house price growth eased to 11.8%, down from 12.5% last month. This month, separate house price data from the Nationwide building society and Zoopla also indicated a slight slowdown of the UK’s property market. Last week I reported that HMRC property transactions data for June shows there were 96,920 sales, on a non-seasonally adjusted basis, the