UK house prices rise in March but outlook remains challenging in World Economy News 01/04/2026 UK house prices increased by 0.9% or £817 in March, bringing the average Nationwide house price to £277,186, according to data released Tuesday. Year-on-year, house prices were up 2.2%, or £5,870, compared to March 2025, marking a higher rate of increase than the 1% annual growth recorded in the prior month. Month-on-month, prices rose 0.9% on a seasonally adjusted basis, up from 0.4% in February. Nationwide noted that developments in the Middle East represent a significant shock to the global economy, clouding the outlook for the housing market. The scale of the impact on UK housing will depend on the duration of the shock. The data reveals a disconnect between new build and existing home prices. UK housebuilders have reported that house prices remain stubbornly static so far this year, with some builders discounting aggressively to drive up sales rates. For comparison, Rightmove data showed asking prices up 0.8%, or £3,023, in March month-on-month, but down 0.2% year-on-year. The war in Iran and its impact on mortgage rates and living costs is expected to slow home buying activity and cool the spring selling season. Housebuilders may face downward revisions in margin assumptions as they cut prices to maintain or increase sales rates. Source: Investing.com 2026-04-01 hellenicshippingnews... window.___gcfg = {lang: 'en-US'}; (function(w, d, s) { function go(){ var js, fjs = d.getElementsByTagName(s)[0], load = function(url, id) { if (d.getElementById(id)) {return;} js = d.createElement(s); js.src = url; js.id = id; fjs.parentNode.insertBefore(js, fjs); }; load('//connect.facebook.net/en/all.js#xfbml=1', 'fbjssdk'); load('https://apis.google.com/js/plusone.js', 'gplus1js'); load('//platform.twitter.com/widgets.js', 'tweetjs'); } if (w.addEventListener) { w.addEventListener("load", go, false); } else if (w.attachEvent) { w.attachEvent("onload",go); } }(window, document, 'script')); tweet Share