Apr
07
U.K. House Prices Surge as Halifax Flags `Brexit’ Uncertainty
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From a year earlier, prices rose 11 percent. In the first quarter, values increased 2.9 percent from the previous three months.
Photographer: Luke MacGregor/Bloomberg
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Values rose 11% in March compared with a year earlier
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EU vote and weakening confidence may damp price rises: Halifax
U.K. house prices jumped 2.6 percent in March, according to Halifax, which said that pace may not be sustained as weaker economic confidence and uncertainty surrounding Britain’s European Union referendum weigh on the market in the coming months.
The average value of a home surged to 214,811 pounds ($302,200), the mortgage lender said in a statement on Thursday. From a year earlier, prices rose 11 percent. In the first quarter, values increased 2.9 percent from the previous three months…
U.K. House Prices Surge as Halifax Flags `Brexit’ Uncertainty
