UK house prices growth subdued in February with Brexit looming

'After almost grinding to a complete halt in January, annual house price growth remained subdued in February,” Robert Gardner, Nationwide’s chief economist, said. “Indicators of housing market activity, such as the number of property transactions and the number of mortgages approved for house purchase, have remained broadly stable in recent months, but survey data suggests that sentiment has softened.” He added that “measures of consumer confidence weakened around the turn of the year and surveyors reported a further fall in new buyer enquiries over the same period”.