UK house prices post biggest monthly increase for six months

Halifax house price figures show 1.5% rise in March, but it warns that changes could be volatileHouse prices strengthened in March to post their biggest monthly gain since August, according to Halifax, the UK’s biggest mortgage lender.
The average price of a UK home rose 1.5% in March to hit £227,871, the highest recorded price. Prices in the three months to March were 2.7% higher than a year earlier, up from the 1.8% annual growth recorded in February.Continue reading...