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UK House price growth moderates in March
“There is little doubt that the recovery in the housing market is now firmly established, with activity levels picking up and house prices recording their fifteenth successive monthly increase in March. “There are some tentative signs of moderation, with the monthly pace of price growth slowing to 0.4% in March down from 0.7% in February and 0.8% in January. Nevertheless, viewed in annual terms, price growth is continuing to run at a robust pac e, with the price of a typical home 9.5% higher than in March 2013. “Record low mortgage rates, improved availability of credit and the brighter economic outlook are all ... (full story)
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