Latest data released by Halifax - 7 March 2019
- Prior -2.9%; revised to -3.0%
- House prices +2.8% vs +1.0% 3m/y
- Prior +0.8%
A notable improvement and it is the first time since October that house prices have grown on an annual, quarterly and monthly basis. This sees the average dwelling price rise to £236,800 for February. Despite Brexit uncertainty proving to be a drag to the UK housing market, the data suggests that there is some resilience at least.
