Stock Groups

UK house prices rise 10.6% in year to August

by Mike Robinson

[ad_1]

© Reuters. FILE PHOTO: An estate agent board is displayed outside a property in London, Britain July 7, 2017. REUTERS/Neil Hall/File photo

LONDON (Reuters) – British house prices in August were 10.6% higher than a year earlier, up from an 8.5% annual increase in July when there was a lull in sales as a property tax break began to be phased out, official figures showed on Wednesday.

House prices recorded growth of 12.8% in June, the highest since before the 2007-08 financial crisis, when buyers sought to take advantage of a reduction in stamp duty on property purchases in England and Northern Ireland.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.



[ad_2]