{"id":429337,"date":"2026-04-08T13:40:22","date_gmt":"2026-04-08T06:40:22","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/2026\/04\/uk-march-halifax-house-prices-0-5-vs-0-1-m-m-expected\/"},"modified":"2026-04-08T13:40:22","modified_gmt":"2026-04-08T06:40:22","slug":"uk-march-halifax-house-prices-0-5-vs-0-1-m-m-expected","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/uk-march-halifax-house-prices-0-5-vs-0-1-m-m-expected-429337\/","title":{"rendered":"UK March Halifax house prices -0.5% vs +0.1% m\/m expected"},"content":{"rendered":"<div>\n<ul>\n<li>Prior +0.3%<\/li>\n<\/ul>\n<p class=\"text-align-justify\">UK house prices dipped a little in March, with the average property price now seen at \u00a3299,677. That also sees the annual house price growth slow to 0.8%, down from 1.2% in February. That shows the market has long some bounce going into the spring season but perhaps relative economic uncertainty from the events in the Middle East is also weighing.<\/p>\n<p class=\"text-align-justify\">Halifax notes that:<\/p>\n<p class=\"text-align-justify\">&#8220;Concerns about higher energy prices have pushed up inflation<br \/>\nexpectations, which in turn led to a rise in mortgage rates, reducing confidence that interest<br \/>\nrates will be cut this year and dampening the initial momentum in the market seen at the start<br \/>\nof the year.&#8221;<\/p>\n<p class=\"text-align-justify\">Adding that:<\/p>\n<p class=\"text-align-justify\">\u201cThe effect on house prices will largely depend on how long\u2011lasting these pressures prove to<br \/>\nbe and the wider implications for the economy and unemployment. Mortgage rates are a key<br \/>\nfactor for buyers, particularly those getting on the ladder for the first time, who are already<br \/>\nbalancing the challenge of saving a deposit, with the cost of borrowing. As a result, many are<br \/>\nlikely to watch movements in mortgage rates closely, before making a decision on any home<br \/>\npurchase. In this environment, professional advice can play an important role in helping<br \/>\npeople understand their options and make informed decisions that are right for their individual<br \/>\ncircumstances.<\/p>\n<p class=\"text-align-justify\">However, the recent increase in UK mortgage rates has been more modest than the sharp<br \/>\nrises seen during the mini budget of 2022. Further, many households will already be on fixed<br \/>\ndeals, protecting them from the latest rate rises. Taking all this into account, house prices<br \/>\nmay prove resilient, even if uncertainty weighs on market activity in the near term.&#8221;<\/p>\n<p>                            This article was written by Justin Low at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Prior +0.3% UK house prices dipped a little in March, with the average property price now seen at \u00a3299,677. That also sees the annual house price growth slow to 0.8%, down from&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-429337","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/429337","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=429337"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/429337\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=429337"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=429337"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=429337"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}