Recent House Price TrendsHouse prices were 0.9% higher month-on-month in March, the biggest rise since December 2024, mortgage lender Nationwide said on Tuesday. Compared to a year ago, prices were up 2.2%, the highest since last October and well above February's 1.0% rise. Expert Commentary"The pickup in house price growth suggests that the market had regained momentum after the slowdown recorded around the turn of the year," Robert Gardner, Nationwide's chief economist, said. But it contrasted with other recent signs of caution in the housing market as the Iran war weighs on buyer demand. Ashley Webb, UK economist at Capital Economics, said the jump in mortgage rates and weak economic growth suggests house price were likely to rise less this year than by the 3.5% increase which Capital had previously forecast.

Source: The Guardian March 31, 2026 06:17 UTC