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Inflation triggers rise in UK realty prices
Gulf Today
|March 09, 2026
British house prices rose in February at the fastest pace since October, data showed on Friday, but lenders raised their mortgage rates over concerns the Middle East conflict could lead to higher inflation and halt a run of cuts to borrowing costs.
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Halifax said house prices were 1.3% higher in the 12 months to February than a year earlier, above the 0.9% forecast in a Reuters poll of economists and up from 1.1% growth in January.
Prices rose 0.3% month-on-month in February, in line with the poll forecast but below January's 0.8% increase.
An indicator for future borrowing costs for homebuyers has risen this week.
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