House prices were back on the rise in April after falling back in March, according to Halifax.
The UK’s largest mortgage lender said prices were up 1.1%, however they still remain below February’s level after seeing a 1.25% drop in March. Compared with April 2018, though, prices are up 5%.
It means the average house price in the UK is now £236,619.
However, these figures are based on Halifax’s own mortgage data. Nationwide, which also uses its own lending figures, suggested annual house prices are more subdued, with annual growth less than 1% instead of the 5% published by Halifax.