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☆ UK annual house price growth hits 10-year low: Halifax
▼ + stars: | 2023-05-09 | by ( ) www.reuters.com time to read: +1 min

LONDON, May 9 (Reuters) - British house prices rose in annual terms by just 0.1% in April, their smallest year-on-year increase since December 2012, mortgage lender Halifax said on Tuesday. Prices fell by 0.3% in month-on-month terms, the first drop this year, after a 0.8% increase in March. Despite the weakness in the market last month, Halifax said it sensed less volatility. Other gauges of the housing market have shown a more stable picture in recent months after the economic plans of former prime minister Liz Truss announced in September triggered turmoil in the mortgage market. "Alongside a market-wide uptick in mortgage approvals, these latest figures may indicate a more steady environment," Kim Kinnaird, director of mortgages at Halifax, said.

☆ UK house prices rise for 3rd month in a row, Halifax says
▼ + stars: | 2023-04-06 | by ( ) www.reuters.com time to read: +2 min

LONDON, April 6 (Reuters) - British house prices rose for a third month in a row in March, representing a further calming of the market after the turmoil sparked by former Prime Minister Liz Truss's "mini-budget" last September, data from mortgage lender Halifax showed. House prices rose by 0.8% in month-on-month terms, Halifax said on Thursday, the second-strongest gain since June last year after February's 1.2% increase. A Reuters poll of economists had pointed to a 0.3% drop on the month. House prices were 1.6% higher than a year ago. But other indicators, such as the BoE's mortgage approvals data and a measure of asking prices compiled by property company Rightmove, have suggested the market has become more stable in recent months.

☆ UK house prices bounce unexpectedly in February: Halifax
▼ + stars: | 2023-03-07 | by ( Andy Bruce | ) www.reuters.com time to read: +1 min

LONDON, March 7 (Reuters) - British house prices jumped unexpectedly in February, potentially reflecting improvements in consumer confidence and the mortgage market, lender Halifax said on Tuesday, but the overall trend remained downwards. House prices rose 1.1% month-on-month, following a 0.2% rise in January, Halifax said. Most other gauges of the housing market are yet to show a similar improvement after a recent slide in house prices from highs hit following the onset of the COVID-19 pandemic. Last week another lender, Nationwide, said house prices dropped by the most in more than 10 years during February. House prices were 2.1% higher than a year ago, Halifax said.

☆ UK house prices stabilise after four-month fall, Halifax says
▼ + stars: | 2023-02-07 | by ( ) www.reuters.com time to read: +2 min

LONDON, Feb 7 (Reuters) - British house prices were unchanged in January after falling in month-on-month terms in each of the previous four months after borrowing costs rose, mortgage lender Halifax said on Tuesday. The annual rate of house price growth slowed to 1.9%, the weakest increase in three years, Halifax said. Kim Kinnaird, a director at Halifax Mortgages, said the trend of higher borrowing costs hitting demand was likely to continue in 2023. "Lower house prices and the potential for interest rates to peak below the level being anticipated last year should lead to an improvement in home-buying affordability over time." Rival mortgage lender Nationwide said last week its measure of house prices dropped by a bigger-than-expected 0.6% in January and was 3.2% below its peak in August.

☆ UK house prices post biggest quarterly drop since 2009: Halifax
▼ + stars: | 2023-01-06 | by ( ) www.reuters.com time to read: +1 min

LONDON, Jan 6 (Reuters) - British house prices slid again in December, capping the largest quarterly drop since the financial crisis more than 10 years ago, data from mortgage lender Halifax showed on Friday. The average house price fell 1.5% month-on-month in December, following a 2.4% fall in November and marking the fourth consecutive monthly decline, Halifax said. In quarterly terms, house prices fell 2.5% - the biggest drop since the three months to February 2009. Halifax expects house prices to drop 8% in 2023 - although Kinnaird noted that this would only mean a return to levels last seen in April 2021. House prices surged during the COVID-19 pandemic as people rushed to buy bigger homes with gardens, fuelled by temporary tax incentives.

☆ UK house prices show biggest drop since 2008: Halifax
▼ + stars: | 2022-12-07 | by ( ) www.reuters.com time to read: +1 min

LONDON, Dec 7 (Reuters) - British house prices slid last month by the most since the global financial crisis as the slowdown in the housing market intensified, mortgage lender Halifax said on Wednesday. House prices fell 2.3% month-on-month in November, the biggest drop since October 2008 and following a 0.4% decline in October. Other gauges of house prices have also pointed to a slowdown underway, with household budgets squeezed by soaring inflation and rising borrowing costs. Halifax said the month-on-month drop "reflects the worst of the market volatility over recent months". A Reuters poll of economists and property market analysts last week forecast house prices would drop around 5% next year, having risen about 24% since early 2020, according to official data.

☆ Scotland recognized as world’s best golf destination
▼ + stars: | 2022-11-16 | by ( Jack Bantock | ) edition.cnn.com time to read: +10 min

Having hosted the game for almost six centuries, “the home of golf” – as Scotland is known – was recognized as the World’s Best Golf Destination for the very first time at the ninth edition of the annual World Golf Awards in Abu Dhabi this week. Despite the dominance of its legendary St. Andrews Old Course in the World’s Best Golf Course category – with five successive wins after the award’s inception – Scotland had never been recognized as the sport’s best destination. Ross Kinnaird / Getty Images Tom Holland: Part-time web-slinger, full-time golf swinger -- the "Spider-Man" lead is a self-confessed golf addict. Richard Heathcote/R&A/Getty Images“Scottish golf tourism is thriving, and Scotland is a bucket list destination for most golfers around the World,” added Dermot Synnott, Director of Global Partnership for the World Golf Awards. Meanwhile, JA The Resort Golf Course in Dubai won Best Nine Hole Golf Course and Costa Navarino in Greece was recognized as the World’s Best Emerging Golf Destination.

☆ 'Mini-budget' fallout hits UK house prices in October - Halifax
▼ + stars: | 2022-11-07 | by ( ) www.reuters.com time to read: +1 min

LONDON, Nov 7 (Reuters) - British house prices fell in October at the fastest monthly rate since February 2021, a fresh sign of weakness in the housing market that reflects the fallout from the September "mini-budget", mortgage lender Halifax said on Monday. House prices dropped 0.4% month-on-month last month, after a 0.1% fall in September, Halifax said. "While a post-pandemic slowdown was expected, there’s no doubt the housing market received a significant shock as a result of the mini-budget which saw a sudden acceleration in mortgage rate increases," said Kim Kinnaird, director of Halifax Mortgages. In annual terms, house prices were 8.3% higher in October, slowing from 9.8% in September. Reporting by Andy Bruce; editing by James DaveyOur Standards: The Thomson Reuters Trust Principles.

☆ Ryan Fox: Heir to cricket and rugby excellence, New Zealand golfer blazes his own trail
▼ + stars: | 2022-10-28 | by ( Jack Bantock | ) edition.cnn.com time to read: +7 min

Central Press / Hulton Archive / Getty ImagesThen came Wallace’s son-in-law Grant Fox, a name that needs no introduction to anyone familiar with rugby. Both Wallace and Fox were individually honored during Queen Elizabeth’s reign for services to their sports. If that wasn’t enough family sporting heritage, Wallace’s brother and son – George and Gregory – both played first-class cricket for Auckland. “It’s pretty cool to be the third generation of my family to represent New Zealand,” Fox told CNN’s The Jazzy Golfer. Marty Melville / Getty ImagesNot playing his first tournament until 18, Fox was a late bloomer, but made up for lost time emphatically.

☆ When Adrian Meronk met Tiger Woods
▼ + stars: | 2022-10-18 | by ( Jack Bantock | ) edition.cnn.com time to read: +6 min

At the Open Championship in July, the Polish golfer tracked down Tiger Woods for a photo. Twenty-four hours later, he was chatting away with the 15-time major champion for nine holes of the legendary St. Andrews Old Course. For Meronk, it was important to begin with competition advice, especially as Woods is a two-time Open champion at St. Andrews. He was very open.”Meronk and Woods stroll past the St. Andrews Old Course Hotel. “To be able to win on the DP World Tour was always a goal of mine, always a dream,” Meronk said.

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