The pace of the housing market has shown no signs of slowing heading into spring. In fact, according to this morning's report from Halifax, it accelerated during March with house price growth of 1.4% - the biggest increase for six months.
This steep rise saw average house prices reach a new record high of £282,753. Two years on from the first lockdown, house prices have now risen by £43,577.
The South West of England has overtaken Wales as the UK’s strongest performer in terms of annual price house inflation, now up to 14.6%, its highest rate of annual increase since September 2004. The average house price is now £298,162, a record for the region. To continue reading, please
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