Price of typical UK home increased by 0.9% in March, but surging mortgage rates amid conflict in Middle East is expected to put break on activity
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UK house prices increased at the fastest rate in almost 18 months in March, although surging mortgage rates amid the Iran war is likely to lead to a market slowdown, according to Nationwide.
The UK’s biggest building society said the price of a typical UK home increased by 0.9% month-on-month in March, the largest increase since December 2024.
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Source link : https://www.theguardian.com/business/2026/mar/31/uk-house-prices-rose-sharply-march-iran-war-expected-cause-slowdown
Author : Mark Sweney
Publish date : 2026-03-31 07:22:00
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