The UK housing market continues to show resilience after mortgage lender Halifax today reported an average property price rise of 0.8% in March.
On an annual basis, house prices were 1.6% higher than a year ago, slowing from 2.1% in February and the weakest rate of annual growth since October 2019.
Prices have fallen markedly since June 2022’s annual peak of 12.5%, although Halifax said the latest figures pointed to relative stability in the housing market so far in 2023.
