Mumbai, May 8 -- UK house prices rose moderately in April despite an end to the stamp duty holiday and worsening economic outlook, data published by mortgage lender Halifax revealed on Thursday.
House prices climbed 0.3 percent on a monthly basis in April after falling for two straight months.
Prices were expected to grow 0.2 percent, following a 0.5 percent drop in March and a 0.2 percent decrease in February.
On a yearly basis, growth in house prices accelerated to 3.2 percent from 2.9 percent in the previous month. A typical property is now valued at GBP 297,781.
Published by HT Digital Content Services with permission from Capital Market....