David Westgate on the latest Halifax House Price Index
Speaking in response to the latest Halifax House Price Index data Chief Exectuive David Westgate said:
"In 2019, the property market saved its best for last.
“That December delivered the strongest growth of 2019, even with a General Election, highlights the way indifference towards Brexit grew throughout the year.
“January will be the real test of sentiment but for 2019 to have finished on such a high sets a positive note for the year ahead.
“There is an exceptional amount of pent-up demand in the market that has the potential to drive prices higher throughout 2020.
“The fact we now have a 5-year administration with a strong mandate and clear political objective will create confidence and bring back the aspirational buyers and sellers that have been lacking since the EU Referendum result.
“Low borrowing costs and a strong jobs market will reinforce the renewed sense of optimism many people are feeling."
Striving to create perfection in an ever growing collection of beautiful properties.David Westgate, Group Chief Executive