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UK house prices pick up in early 2019, but outlook subdued - Halifax

UK house prices pick up in early 2019, but outlook subdued - Halifax
FILE PHOTO: A row of houses are seen in London, Britain June 3, 2015. REUTERS/Suzanne Plunkett   -   Copyright  Suzanne Plunkett(Reuters)
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LONDON (Reuters) – British house prices rose slightly more quickly in the first three months of 2019 in annual terms but growth is likely remain subdued, given Brexit uncertainty and high property prices, mortgage lender Halifax said on Friday.

Compared with the same period of last year, prices rose by 3.2 percent, the lender said, faster than a rise of 2.8 percent in the three months to February.

A Reuters poll of economists had pointed to an annual rise of 2.3 percent for the first quarter.

(Writing by William Schomberg; Editing by David Goodman)

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