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UK house prices jump in February - Halifax

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UK house prices jump in February - Halifax
FILE PHOTO: An estate agent board is displayed outside a property in London, Britain July 7, 2017. REUTERS/Neil Hall   -   Copyright  NEIL HALL(Reuters)
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LONDON (Reuters) – British house prices jumped in February, rising by 5.9 percent from January, mortgage lender Nationwide said on Thursday.

In annual terms, prices were up by 2.8 percent in the three months to February, the lender said.

A Reuters poll of economists had pointed to a 0.1 percent increase on the month and a 1.0 percent annual rise in prices.

Halifax’s index has tended to be more volatile than other measures of house prices of late.

(Writing by William Schomberg, editing by Andy Bruce)

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