Thursday, September 24, 2020
UK

House prices up by 1.3% in March

The property market across the Midlands is helping average UK house prices to maintain healthy springtime gains, figures reveal today.

The average UK price increased by 1.3 per cent in March, which was the same rate as the same month last year when buy-to-let investors were rushing to snap up properties ahead of a tax crackdown.

It was also the biggest March increase in property values since 2007, according to the Rightmove house price index. But the annual growth rate is down to 2.3 per cent, compared to 7.6 per cent in March 2016.

Important:
This article is for information purposes only.
Please remember that financial investments may rise or fall and past performance does not guarantee future performance in respect of income or capital growth; you may not get back the amount you invested.
There is no obligation to purchase anything but, if you decide to do so, you are strongly advised to consult a professional adviser before making any investment decisions.

Leave a Reply

20 + 5 =