–UK Mar House Prices +2.2% m/m; -0.6% 3m y/y: Halifax>}
–Prices Fall 0.1% q/q
–Halifax Sees Little Change In House Prices This Year

LONDON (MNI) – UK house prices got a boost in March from the
looming expiry of the stamp duty holiday for first-time buyers, the
Halifax House Price Index showed

The HHPI showed prices rising 2.2% on the month and falling 0.6% on
the year. On the quarter prices fell 0.1%.

Housing Economist Martin Ellis said:

“Efforts by first-time buyers to beat the expiry of the stamp duty
holiday at the end of March have probably increased sales in recent
months and may have helped to support prices.

He continued:

“We continue to expect little overall movement in prices this year
provided that the UK economy does not suffer a pronounced weakening.”

–London newsroom: +44 207 862 7492; email: ukeditorial@marketnews.com

[TOPICS: M$B$$$,MABDA$,MABDS$,MT$$$$]