UK house prices rise for sixth straight month despite ‘affordability challenges’

UK house prices rise for sixth straight month despite ‘affordability challenges’

Housing market, House prices, Business, Nationwide, Property, Real estate, Money, UK news, Stamp duty Business | The Guardian

​Average price of property increased by 0.4% to £270,493 in February, Nationwide saysBusiness live – latest updatesUK house prices grew for the sixth month in a row in February despite signs of a sluggish economy, according to a building society, as economists expected a rush of people trying to complete purchases before stamp duty increases in April.The average UK house price rose by 0.4% during the month, up from 0.1% the month before, according to an early measure from Nationwide, Britain’s biggest building society. The average price of a house bought through Nationwide grew to £270,493. Continue reading… 

Average price of property increased by 0.4% to £270,493 in February, Nationwide says

UK house prices grew for the sixth month in a row in February despite signs of a sluggish economy, according to a building society, as economists expected a rush of people trying to complete purchases before stamp duty increases in April.

The average UK house price rose by 0.4% during the month, up from 0.1% the month before, according to an early measure from Nationwide, Britain’s biggest building society. The average price of a house bought through Nationwide grew to £270,493.

Continue reading… 

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