UK house prices grew at the slowest rate in five years in
August, in the latest figures to identify a growing divergence between a
sluggish London property market and faster rates of growth other regions. The
average price of a UK home increased by 3.2% in the year to August, to
£232,797, in the lowest annual rate of growth since August 2013, according to
the figures from the Office for National Statistics (ONS) and Land Registry.
London was the only region where prices fell on an annual basis, down 0.2% in
year to August, but it was still easily the most expensive place to by a home,
with average prices at £486,304. Read more on the Guardian website.
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