U.K. Halifax House Price Index (YoY) For July 2.3% Vs. 1.9% (Revised) Prior
Portfolio Pulse from Benzinga Newsdesk
The U.K. Halifax House Price Index for July showed a year-over-year increase of 2.3%, up from the revised prior figure of 1.9%.
August 07, 2024 | 6:02 am
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POSITIVE IMPACT
The U.K. Halifax House Price Index for July increased by 2.3% year-over-year, which is higher than the revised prior figure of 1.9%. This positive data could boost investor confidence in the iShares MSCI United Kingdom ETF (EWU).
The increase in the Halifax House Price Index suggests a stronger housing market in the U.K., which could positively impact the iShares MSCI United Kingdom ETF (EWU) as it reflects the overall economic health and consumer confidence in the region.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80