The average house cost £288,949 in April, according to Halifax, just £200 more than in March.
The housing market is 'finding its feet' with a slight increase in prices, particularly for flats, according to analysis from part of the UK's biggest mortgage lender. Average house prices rose by 0.1% in April after falling 0.9% in March but on an annual basis grew 1.1% annually, up from 0.4% growth last month, Halifax's house price index said.
More expensive flats As part of the market growing accustomed to higher borrowing costs, there's been a rise in demand for flats and smaller homes, Ms Bryden said. 'Buyers are adjusting their expectations, with first-time buyers in particular compensating for higher borrowing costs by targeting smaller properties.
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