Friday, 16 December 2016

House Price Inflation Slows Again

House price inflation across the UK is continuing to ease, according to the latest data from the Office for National Statistics (ONS). Prices rose by 6.9% in the year to October, down from 7% in September. The average price remains at £217,000, according to the index, which includes data from the Land Registry and Registers of Scotland. Areas near London saw the fastest price rises, but the City of London and Aberdeen saw the biggest falls. Prices fell by 8.8% in the City of London, by 8.7% in Aberdeen, and by 4.9% in Kensington and Chelsea. Read more on the BBC website.

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