@Yahoo06/08
UK house prices return to growth in July - Halifax
British house prices rose in July after falling in June as demand for bigger homes following pandemic lockdowns helped to soften the impact of a reduced tax break for buyers, mortgage lender Halifax said on Friday. House prices last month were 0.4% higher than in June when they fell by a monthly 0.6%, Halifax said. Russell Galley, Halifax managing director, said he expected the market to settle after the recent buying surge which was driven by the tax incentive, but a shortage of home on the market was likely to support prices.