Halifax: House prices bounce in February, but market remains subdued

Latest house prices show a rise in February - has the potential house price crash stalled?

For sale sign in yard of house
(Image credit: © Getty images)

UK house prices unexpectedly bounced back in February, with the latest Halifax data showing a 1.1% increase in February, following a period of flat growth of three months previously.

The price of a typical UK property now stands at £285,476, compared to £282,360 in January.

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Nic studied for a BA in journalism at Cardiff University, and has an MA in magazine journalism from City University. She has previously worked for MoneyWeek.