News Headline Summary

UK Halifax House Prices SA (Jan) M/M -0.2% vs. Exp. 0.0% (Prev. 1.3%)

- UK Halifax House Prices (Jan) 3M/Y 1.3% vs. Exp. 1.6% (Prev. -0.3%)

Update details:

- Halifax report notes that funding for lending (FLS) helped lenders and that there are signs of home sales increases in coming months. Sees continuing broad stability in house prices in 2013.

Reaction details:

- No reaction observed across the UK asset classes following the softer data release.

Print 08:00, 06 Feb 2013 - UK Data - Source: Newswires