UK house prices rise in February as chancellor avoids ‘negative speculation’

Rachel Reeves’ upcoming spring forecast has not led to slowdown, as property tax rumours did in November Business live – latest updates UK politics live – latest updates House prices in the UK increased in February as Rachel Reeves avoided a repeat of the pre-budget “negative speculation” that depressed the market, as she prepares to present the spring forecast on Tuesday. The average price of a home rose to £273,176 last month, up 0.3% from the month before, Nationwide said. It matched Ja...

By Julia Kollewe