British house prices experienced an unexpected increase in April, according to data released by mortgage lender Halifax.
The figures showed a 0.3% rise in house prices for the month, following a 0.5% decrease in March.
Prior to the release of these figures, economists had predicted a 0.1% decrease in house prices for April.
The forecast was proven incorrect by the actual data, which showed an increase instead.
On a year-on-year basis, house prices were 3.2% higher, surpassing the 2.6% increase that was anticipated in the poll.
This indicates a stronger performance of the British housing market than previously expected.
