Wednesday, 04 July 2007

Data deluge leaves bets for higher UK rates intact

(Reuters) - Mortgage lender Halifax said house prices rose 0.4 percent in June, taking the annual three-month rate to 10.7 percent.




That was slightly below forecasts but stronger than in May, suggesting the housing market is still weathering the last four interest rate rises reasonably well.


Read more at Reuters.com Business News

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