Samuel Tombs, the chief UK economist at Pantheon Macroeconomics, said that while Halifax’s UK house prices performed solidly in March despite ongoing Brexit uncertainty, according to Halifax . Prices increased a record 6% between January and March compared to Q1 2018 , beating the 2.3% rise anticipated by economists polled by Reuters . House values were down 1.6% in between January and March from Q1 2018 after the more turbulent monthly measure grew by a record 6% , though this was still better than the 2.4% predicted. Supply constraints have sustained prices even as Reuters ’s possible impact on property has caused concern among buyers. Halifax said current low levels of activity around mortgages may eventually result in "bigger price movements".
UK house prices performed solidly in March despite ongoing Brexit uncertainty, according to Halifax . Prices increased a record 6% between January and March compared to Q1 2018 , beating the 2.3% rise anticipated by economists polled by Reuters . House values were down 1.6% in between January and March from Q1 2018 after the more turbulent monthly measure grew by a record 6% , though this was still better than the 2.4% predicted. Supply constraints have sustained prices even as Reuters ’s possible impact on property has caused concern among buyers. Halifax said current low levels of activity around mortgages may eventually result in "bigger price movements".