Average house price breaks £150k barrier in March price surge - Halifax

Quarterly inflation was a sturdy 5.1%. The speed of price changes vary across the country. Only about 9% in the Greater London area in the past 12 months, compared to the leading rate of 36% in the North and Wales. However, Halifax sees no signs price rises are about to slow. Supply-side problems are still the main cause of price rises, Halifax says, with numbers of properties for sale on estate agents’ books nearing record lows last seen in May 2002. Yorkshire and Humberside became the last English region to break the £100,000 average price barrier in the past month. Only Scotl...