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UK house prices edge up in early 2019, but outlook subdued: Halifax

Published: April 05, 2019 14:31:10 | Updated: April 09, 2019 15:34:45


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The house price in United Kingdom (UK) rose slightly more quickly in the first three months of 2019 in annual terms but growth is likely remain subdued, given Brexit uncertainty and high property prices, mortgage lender Halifax said on Friday.

Compared with the same period of last year, prices rose by 3.2 per cent, the lender said, faster than a rise of 2.8 per cent in the three months to February, reports Reuters.

A Reuters poll of economists had pointed to an annual rise of 2.3 per cent for the first quarter.

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