UK housing market ‘resilient’…

House for sale

Average house prices dipped by 0.3% to £237,110. last month compared to June last year, according to the Halifax.

However, they rose by 5.7% in the three months to June from the same period last year.

Halifax managing director Russell Galley, said: “More generally the housing market is displaying a reasonable degree of resilience in the face of political and economic uncertainty.

“Recent industry figures show demand looking slightly more stable, with mortgage approvals ticking along just above the long-term average.”

Though he says that there is a lower level houses up for sale because of the lack of clarity around Brexit