UK House Price Inflation At 6-month High: Halifax

UK house price inflation accelerated more-than-expected in February to its highest level in six months, figures from the Lloyds Bank subsidiary Halifax and IHS Markit showed on Thursday. The house price index rose 2.8 percent year-on-year following a 0.8 percent increase in January. Economists had forecast 1 percent growth in house prices. In December, house price inflation was 1.3 percent.