Annual house price inflation in the UK fell from 3.4% in February to 3.3% in March, according to the latest data from the Department for Communities and Local Government. (DCLG)
The DCLG says prices rose by 2% between February and March, compared to a rise of 2.1% seen over the same period last year. It says the rise in UK prices between February and March were seen in all property types. Flats in particular for flats saw a rise of 7.7% in prices after a fall of 4.8% the previous month while terraced houses rose 1.7% and semi-detached houses saw an increase of 1%. The fall in house price inflation was felt across the whole of the UK in March. The inflation rate in England fell from 2.6% in February to 2.5% in March, from 6.1% to 5.3% in Wales, from 11.3% in Scotl...
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