UK Latest: House Prices Fall Most in Over a Decade, Halifax Says

The video discusses the divergence between monthly and annual data on UK house prices. It highlights a modest monthly decline of 0.1% in June, equating to a £300 drop, while noting a significant yearly decline from last year's peaks. The analysis suggests that the current monthly data aligns with a narrative of stagnation rather than a drastic fall in house prices, offering a silver lining to the situation.

What is the month-on-month change in UK house prices for June?

• A decrease of 0.1%

• An increase of 1%

• An increase of 0.1%

• No change

Why is there a significant year-on-year decline in house prices?

• Due to a decrease in demand

• Because of last year's high peaks

• Due to government policies

• Because of increased interest rates

What was the percentage decline from the peaks of last year?

• More than 4%

• More than 2%

• More than 1%

• More than 3%

What does the current monthly data suggest about UK house prices?

• A steady rise

• A rapid increase

• A complete free fall

• A stagnation

What is the overall outlook on UK house prices according to the final section?

• Pessimistic

• Neutral

• Uncertain

• Optimistic