House price growth grinds to nine-year low

For sale sign

1.1% hike in September the lowest since April 2013, according to Halifax House Price Index

House price growth is likely to “remain subdued” as uncertainty hovers over the UK’s progress towards exiting the EU, according to the head of the Halifax.

The Halifax House Price Index for last month showed the average price of a house in the UK rose 1.1% to £232,574 year-on-year, the lowest level of growth since April 2013, as uncertainty continued to cloud house buyers’ confidence.

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