From January to March 2018, housing prices in the UK have grown by 2.7% in annual terms after rising by 1.8% in the period from December to February.
This data was provided by Halifax consulting company, the mortgage division of the Lloyds Banking Group. Compared to February, in March, prices rose by 1.5%, while experts on average expected a rise of only 0.2%. The average cost of residential property in the UK at the end of March was 227,870 pounds ($321,300).
Analysts at Halifax notes that the availability of mortgage loans is now in the high for a decade. Experts expect that in the coming months the growth rate of house prices will be about 3%.
