The average UK house price reached a fresh record high in
August while annual inflation cooled to a five-month low, after the partial end
of the stamp duty holiday in England and Northern Ireland. Halifax, one of the
country’s biggest mortgage lenders, said the average cost of a property
increased by 0.7%, or £1,789, to £262,954, topping the previous peak of
£261,642 recorded in May. The annual rate of house price inflation slowed to
7.1%, the lowest since March and down from 7.6% in July. However, compared with
June 2020, when the housing market began to reopen after the first Covid-19
lockdown, prices remain more than £23,600, or 9.9%, higher. Read more on the
Guardian website.
https://www.theguardian.com/money/2021/sep/07/uk-house-prices-stamp-duty-august-halifax
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