UK house prices drop 0.5% in March to £299,677 amid uncertainty

UK house prices fell 0.5% in March, dipping below £300,000 to £299,677, amid uncertainty from the Middle East conflict. Halifax reported a slowdown in annual growth to 0.8% from 1.2% last month, as higher energy costs and rising mortgage rates create challenges for buyers. Northern Ireland saw the highest annual increase at 8.7%.

Read full article on The Guardian Australia – Business →

Summary by Glance · Original reporting by The Guardian Australia – Business