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UK House Prices Remain Stable Amid Subdued Housing Market Outlook

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

House prices in the United Kingdom showed no variations at the start of the year after falling in the previous four months, and are likely to witness a sluggish housing market throughout this year amid the rising cost of living and higher interest rates, survey data from the Lloyds Bank subsidiary Halifax and S&P Global showed on Tuesday.

The house price index registered no change over the month, following a 1.3 percent decrease in the prior month. Economists had forecast a 0.8 percent fall.

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