UK House Prices Up 0.9% in March

Nationwide data shows March house prices rose 0.9% (£817) to £277,186, a 2.2% year‑on‑year increase.
Month‑on‑month growth accelerated from 0.4% in February to 0.9% in March, while Rightmove asking prices rose 0.8% (£3,023).
Nationwide warns Middle East shock and Iran war could dampen mortgage rates, living costs, and spring sales, pressuring housebuilders’ margins.
New‑build prices remain static, prompting aggressive discounts to sustain sales despite overall price rise.