Quarterly Regional House Price Update

Annual house price growth edges up in March

  • UK house prices are up 1.6% compared with a year ago
  • Northern Ireland is the best performing region, with prices up 4.6%
  • South West is the weakest performing region, with prices down 1.7% over the year.

Commenting on the figures, Robert Gardner, Nationwide's Chief Economist, said:

"UK house prices fell by 0.2% in March, after taking account of seasonal effects. Nevertheless, the annual rate of house price growth edged higher to 1.6% in March, from 1.2% in February."

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