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. Money latest: Average house price will be £61,500 by 2028, analysis suggests A typical UK home costs £288,949 in April, just slightly up compared to £288,781 in March, it said.

"The reality is that average house prices have largely plateaued in the early part of 2024.