UK house prices held up better than expected in March as
supply constraints outweighed uncertainty over the Brexit process, according to
figures from Halifax. The high street lender said house prices rose by 2.6% in
the three months to March compared with the same period last year. The increase
was above the 2.3% annual rise predicted in a Reuters poll of economists.
Prices fell by 1.6% in March compared with February, when the more volatile
monthly measure surged by a record 6%. However, the monthly fall still
represented a less severe correction than the 2.4% expected by economists. Read
more on the Guardian website.
https://www.theguardian.com/money/2019/apr/05/house-prices-hold-up-better-than-forecast-amid-brexit-chaos
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