UK Rightmove house price index rose in March
Buz Investors UK Rightmove house price The Rightmove house price index in the UK climbed 1.30% in March on a MoM basis. The Rightmove house price index had recorded a rise of 2.00% in the previous month.
Price of property coming to market increases by 1.3% (+£3,877) this month, the same average rise as in buy-to-let-boosted March 2016
- Monthly rise of this size has only been exceeded once at this time of year since 2007
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UK Rightmove house price
- Modest annual growth of 2.3% compared to 7.6% in March 2016, highlighting slower pace of increase
Mighty Midlands leads the rest of the country with East and West Midlands prices at record highs
- East Midlands up by 2.1% this month and 5.7% year-on-year, surpassing £200,000 for the first time
- West Midlands monthly prices also up 2.1% and up 4.2% annually
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