
UK House Prices Bounce Back, But Geopolitical Storm Looms
Glasgow News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
UK house prices surged in March, with annual growth reaching 2.2% and the average home costing £277,186. However, the Middle East conflict has caused global energy prices to spike, slowing UK growth and increasing inflation. This has led to mortgage rates rising quickly, potentially impacting affordability. Despite this, the market remains resilient, with Northern Ireland leading growth at 9.5%. The future of the housing market hangs in the balance as the geopolitical situation unfolds.
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