Regions to see higher house price rise than London, says Halifax

House prices climbed by 1.1% in March and 4.4% in the first quarter, according to the Halifax House Price Index which suggests property values are not rising as fast as last year. Part of the reason properties are not rising as quickly in value is more properties are coming onto the market, says Halifax, which is now predicting property inflation will end at around 9% this year, compared with 26% last year. Average value of a home is £127,040, but London's status at the height of the property boom appears to be drifting downwards, as regional figures suggest the largest quarterly pr...