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House price growth halved over past year, says Halifax "The annual rate of house price growth has more than halved over the past 12 months," said Martin Ellis, Halifax’s housing economist. "A lengthy period of rapid house price growth has made it increasingly difficult for many to purchase a home, as income growth has failed to keep up, which appears to have curbed housing demand."Coalition win ignites $33b ASX firecracker Australian shares soared to an 11-year high on Monday, as investors welcomed the surprise re-election of the Coalition, adding an extra $32.8 billion to the bourse. The S&P/ASX 200 index rose 110.8.

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Triangle home sales rise 10 percent in July The average selling price of a Triangle home in June was $255,382, up about 5 percent from $242,437 a year earlier. The figures don’t track the same houses over time and could reflect a shift in sales toward higher-end houses, but they tend to rise and fall along with prices.

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