Economics
U.K. House Prices Surge at Strongest Annual Pace Since 2007
- Halifax says outlook dims with cost of living squeeze
- War in Ukraine adds to uncertanties that may hit market
Halifax warned growth may slow as consumers feel a squeeze on the cost of living.
Photographer: Darren Staples/BloombergThis article is for subscribers only.
Follow us at @BloombergUK for the latest news and analysis.
U.K. house prices surged at the fastest annual pace since before the global financial crisis, but a mounting squeeze on household finances is expected to cool the market in coming months.