UK house prices rose sharply in March but Iran war expected to cause slowdown
Price of typical UK home increased by 0.9% in March, but surging mortgage rates amid conflict in Middle East is expected to put break on activity Business live – latest updates UK house prices increased at the fastest rate in almost 18 months in March, although surging mortgage rates amid the Iran war is likely to lead to a slowdown in the market, according to Nationwide. The UK’s biggest building society said the price of a typical UK home increased by 0.9% month-on-month in March, the largest
Price of typical UK home increased by 0.9% in March but surging mortgage rates expected to put brake on activity
Business live – latest updates
UK house prices increased at the fastest rate in almost 18 months in March, although surging mortgage rates amid the Iran war are likely to lead to a market slowdown, according to Nationwide.
The UK’s biggest building society said the price of a typical UK home increased by 0.9% month on month in March, the largest increase since December 2024.
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