Currency
by ForexNewsNow Team on June 4th, 2010

Halifax data: U.K. house prices slide, confounding forecasts

Halifax HPI forex poundNEW YORK (Forex News Now) – British house prices slid unexpectedly in May, industry data showed on Friday, in one of the day’s spotlight FX news events.

Halifax Bank of Scotland, Britain’s largest mortgage lender, said U.K. house prices dropped 0.4 percent during the month, after a drop of 0.1 percent in April.

Analysts had expected growth of 0.3 percent, two major forex news outlets reported.

By ForexNewsNow Team

This is a general account of the ForexNewsNow Team. It is used to published exclusive content carefully crafted by our experts as well as it is used to bring you the most recent industry highlights from our guest contributors that wish to remain anonymous.

More content by ForexNewsNow Team

Comments (0 comment(s))