House Price Growth Slows As End To Stamp Duty Holiday Looms

 UK house price growth slowed in September as economists said the looming end of the stamp duty tax break had cooled the market after a period of extraordinary growth. The average price grew by just 0.1% over the month to £248,742, a sharp slowdown compared with growth of 2% in August, according to Nationwide. The UK’s largest building society said annual house price growth fell back to 10%, down from 11% in August. That was down from annual growth of more than 13% as recently as June, the fastest since the property boom in 2004. Read more on the Guardian website.

https://www.theguardian.com/business/2021/sep/30/uk-house-price-growth-slows-as-end-to-stamp-duty-holiday-looms