House prices up 8.7% in a year

Press Association
Library file photo dated 28/02/14 of for Sale signs displayed outside houses in Finsbury Park, North London. House prices lifted by 9.4% year on year in February as consumer confidence continues to grow, Nationwide has reported. PRESS ASSOCIATION Photo. Issue date: Friday February 28, 2014. See PA story ECONOMY House. Photo credit should read: Yui Mok/PA Wire
Library file photo dated 28/02/14 of for Sale signs displayed outside houses in Finsbury Park, North London. House prices lifted by 9.4% year on year in February as consumer confidence continues to grow, Nationwide has reported. PRESS ASSOCIATION Photo. Issue date: Friday February 28, 2014. See PA story ECONOMY House. Photo credit should read: Yui Mok/PA Wire

%VIRTUAL-SkimlinksPromo%Property prices lifted by 8.7% annually in March as low interest rates and blossoming consumer confidence helped boost housing market demand further, Halifax has reported.

On a month-on-month basis, prices dipped by 1.1%, although this is only the third monthly fall in the past 15 months, the report said.