House Prices Hold Up Better Than Forecast Amid Brexit Doubts

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