March 6, 2020 / 8:56 AM / a month ago

UK house prices post fourth month of growth in February - Halifax

FILE PHOTO: Houses are seen painted in various colours in a residential street in London, Britain, May 15, 2019. REUTERS/Toby Melville

LONDON (Reuters) - British house prices rose in February for the fourth month running, according to a survey from mortgage lender Halifax on Friday that added to signs of renewed confidence in the housing market.

Halifax said house prices increased 0.3% month-on-month after a 0.4% rise in January. A Reuters poll of economists had pointed to a 0.2% uptick.

In annual terms, house prices rose 2.8% in February, slowing from growth of 4.1% in January due to base effects.

Reporting by Andy Bruce; editing by Kate Holton

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