House prices in England and Wales finished 2016 on a high
according to the latest House Price Index from LSL Property Services and
Acadata. Average prices were up 0.4% (£1,139) in December at £297,678, having
almost fully recovered from the March 2016 peak ahead of the introduction of
the stamp duty surcharge on second homes and buy-to-let properties. December
saw some of the strongest monthly growth since the beginning of the year
however, annual growth slowed slightly to 3.1% in December from 3.5% in
November. Strong performance in cheaper properties across the country saw every
region in England and Wales finish the year with positive house price
inflation. Download the figures from the LSL website.
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