House prices up in August
The Department for Communities and Local Government have today said house prices rose 7.7% year-on-year in August compared with a 6.0% gain reported for the previous month.
The average house price stood at 197,631 pounds in August compared with 194,454 in July.
These figures back-up surveys from mortgage lenders Halifax and Nationwide that show that the housing market saw renewed vigour even after the Bank of England raised interest rates in early August.
The average house price stood at 197,631 pounds in August compared with 194,454 in July.
These figures back-up surveys from mortgage lenders Halifax and Nationwide that show that the housing market saw renewed vigour even after the Bank of England raised interest rates in early August.
posted by ew at
10:08 AM
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