UK House Prices Rise At Their Lowest Annual Rate In Five Years

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.

https://www.theguardian.com/money/2018/oct/17/uk-house-prices-rise-lowest-annual-rate-five-years-london-fall