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UK home prices rose 0.8% in March 2026, reaching £371,042, amid strong demand, rising mortgage rates, and a record high of home availability.
UK home prices rose 0.8% in March to an average of £371,042, driven by seasonal trends and strong demand despite rising mortgage rates and global uncertainty.
Sales activity remains near last year’s peak, with the North West leading price growth at 2.6%, while London declined 2.1%.
Home availability is at a record high, giving buyers more choice and pushing sellers to price competitively.
Mortgage deals have dwindled sharply, with over 500 disappearing since early March, as rates rise due to economic pressures and geopolitical tensions.
British households spent a record £226 billion on housing in 2025, a 41% increase over five years, fueled by higher mortgage payments and rents, with average annual mortgage costs reaching £13,000.
Los precios de las viviendas en el Reino Unido aumentaron un 0,8% en marzo de 2026, alcanzando £371,042, en medio de una fuerte demanda, el aumento de las tasas hipotecarias y un récord de disponibilidad de viviendas.