British House Prices Stagnate in March

British house prices remained unchanged in March, according to data from Nationwide. This stagnation contrasts with economists' predictions of a slight rise. On an annual basis, prices saw a 3.9% increase, falling short of the expected 4.1% growth.

In March, British house prices showed no movement, as reported by mortgage lender Nationwide. This halt in price change diverges from economist forecasts, which anticipated a 0.2% monthly uptick.

Annually, house prices rose by 3.9%, slightly below market expectations for a 4.1% increase. Nationwide's data highlights this discrepancy.

The figures suggest a period of stagnation for the housing market, contrasting with earlier predictions and signaling potential concerns for growth.

(With inputs from agencies.)