House price growth stalled on a month-on-month basis in March, and the market is likely to be “a little soft” now that stamp duty discounts have become less generous, according to an index. Nationwide Building Society recorded a 0.0% month-on-month average UK house price change in March, following a 0.4% monthly increase in February. #Nationwide
Category
🗞
NewsTranscript
00:00Hello, I'm Greg Wright of the Yorkshire Post. House price growth stalled in March, according
00:07to Nationwide. Nationwide Building Society recorded a 0.0% month-on-month average UK
00:15house price change in March, following a 0.4% monthly increase in February. It said the
00:22annual rate of UK house price growth remained stable in March at 3.9%, a rate which was
00:29unchanged from February. The average UK house price in March was £271,316.
00:40My name's Greg Wright and I'm the Deputy Business Editor of the Yorkshire Post.