U.K. Halifax House Price Index (MoM) For September -0.4% Vs. -0.8% Est.; -1.8% (Revised) Prior
Portfolio Pulse from Benzinga Newsdesk
The U.K. Halifax House Price Index for September shows a decrease of 0.4%, which is better than the estimated decrease of 0.8%. The prior figure was revised to -1.8%.
October 06, 2023 | 6:02 am
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The U.K. Halifax House Price Index, which is better than expected, may have a positive impact on the iShares MSCI United Kingdom ETF (EWU) as it reflects an improvement in the U.K. housing market.
The U.K. Halifax House Price Index is a key indicator of the health of the U.K. housing market. A better than expected figure suggests an improvement in the market, which could positively impact the iShares MSCI United Kingdom ETF (EWU) as it includes companies related to the U.K. housing market.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 75