UK’s housing market slows to a halt amid coronavirus – Halifax

Activity in Britain’s housing market has come to a dead stop during the coronavirus lockdown, mortgage lender Halifax told Reuters on Thursday.

House prices fell in monthly terms by 0.6 percent in April, although Halifax cautioned that house prices had become more difficult to measure given the lack of transactions.

They showed a 2.7 percent rise in annual terms.

Halifax said the outlook was uncertain but that it had underlying confidence in the long-term health of the housing market.