Property News · April 7, 2016

UK house prices pick up pace with 10.1% annual increase


Cost of average home hits £214,811 but mortgage lender Halifax warns Brexit fears could curb housing market activityUK house price growth has picked up to hit an annual rate of 10.1%, a one and a half year high, but could ease in coming months amid Brexit fears, according to the country’s biggest mortgage lender. The price of an average home rose to £214,811 in March, up 2.6% from the month before, Halifax said. House prices in the three months to March were 2.9% higher than in the final quarter of 2015. The annual rate rose from 9.7% to 10.1%, the strongest since the three months to July 2014. Continue reading…

Source : theguardian.com
Read more…UK house prices pick up pace with 10.1% annual increase

You may also like...