February 3, 2024

Annual price growth slowed to 5.7% in March compared to 6.9% in February in what analysts partly attribute to the original due date of the stamp duty holiday which since been extended Earlier this year, there were reports that the UK housing market had lost its momentum. In March, it was confirmed by official figures that showed, for the first time in nine months, the housing prices had fallen in January. As indicated by the latest House Price Index by Nationwide, in the UK, the annual house price growth was 6.9% in February and had slowed down to 5.7% in