Mumbai, Feb. 28 -- UK house prices grew 3.9 percent year-over-year in February, slightly easing from January's 4.1 percent but beating forecasts of 3.3 percent. On a monthly basis, prices climbed 0.4 percent, accelerating from 0.1 percent in January. Nationwide's Chief Economist Robert Gardner noted the housing market remained resilient despite affordability challenges, with total transactions up 14 percent in late 2024. The upcoming stamp duty changes in April are expected to fuel a surge in transactions in March, followed by a slowdown in the following months.
Published by HT Digital Content Services with permission from Capital Market....