Wednesday, 21 August 2019

House Price Growth Stagnates: Brexit Brakes Or Summer Slowdown?


The latest data and analysis from UK HPI has revealed that average house prices across the UK increased by 0.9% in the twelve months to June, unchanged from May's figure. The East Midlands was the English region with the highest annual house price growth, with prices increasing by 3.2% in the year to June. The lowest annual growth was in London, where prices fell by 2.7% over the year. Average house prices in London have now been falling over the year each month since March 2018, a period of 16 months. This compares to 15 months of prices falling over the year in London during 2008 and 2009, the period of the economic downturn. Read more on Property Reporter.

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