UK house prices rise 10.6% in year to August - ONS
Reuters
Published Oct 20, 2021 09:39
Updated Oct 20, 2021 09:51
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.
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Written By: Reuters
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