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MNI: UK DATA: Preview - UK House Price Growth Seen...>

MNI: UK DATA: Preview - UK House Price Growth Seen Weakening in March- 08:30 BST
- UK Halifax House Price Index 3M Y/Y (March): MNI Median 2%; Bbg consensus 2.1%
- House prices were up 2.8% 3M Y/Y in Feb, significantly improving from 0.8% 
3M Y/Y in Jan.
- Large base effect seen pulling down house prices in Mar.
- Overall house prices have only risen modestly since they bottomed out at 0.4%
3M Y/Y in Nov 2018.
- Other house price indicators show growth has remained subdued in Mar.
- Nationwide House Price Index rose just 0.4% 3M Y/Y in Mar vs 0.3% in Feb.

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