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 expected to put brake on activityBusiness live – latest updatesUK 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. Continue reading...