Colliers UK Property Snapshot April 2019
18th April 2019
- Growth figures surprised on the upside again in February, with the UK economy expanding 0.3% 3m/3m.
- Transaction activity slowed to just £9.7bn in the first quarter of 2019, down from £17bn in Q4 2018.
- House price growth remained muted in March. The Halifax headline measure dipped from 2.8% y/y in February to 2.6% y/y, while Nationwide’s index suggested that prices rose just 0.7% y/y (up slightly from 0.4% y/y in February).
- Unchanged. House price growth is likely to remain muted in 2019. Mortgage rates remain supportive.