This article is from the source 'bbc' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at http://www.bbc.co.uk/news/business-37348155
The article has changed 2 times. There is an RSS feed of changes available.
Previous version
1
Next version
Version 0 | Version 1 |
---|---|
UK house price inflation falls to 8.3% in July, says ONS | |
(about 2 hours later) | |
House price inflation across the UK fell to 8.3% in the year to July, down from 9.7% in June, according to official statistics. | House price inflation across the UK fell to 8.3% in the year to July, down from 9.7% in June, according to official statistics. |
The figures - from the Office for National Statistics - are for the first full month after the Brexit vote. | The figures - from the Office for National Statistics - are for the first full month after the Brexit vote. |
They show that he average house price across the UK in July rose to £217,000. | They show that he average house price across the UK in July rose to £217,000. |
The eastern region of England remains the area with the fastest growing prices. The annual rate of inflation there was 13.2% . | The eastern region of England remains the area with the fastest growing prices. The annual rate of inflation there was 13.2% . |
Prices in London grew at 12.3%, although they fell in parts of Central London, like Hammersmith and Fulham. | Prices in London grew at 12.3%, although they fell in parts of Central London, like Hammersmith and Fulham. |
Earlier this month the Royal Institution of Chartered Surveyors (Rics) said that the UK housing market had settled down after the Brexit vote. | Earlier this month the Royal Institution of Chartered Surveyors (Rics) said that the UK housing market had settled down after the Brexit vote. |
There was a sharp drop in the number of sales immediately following the referendum result. | There was a sharp drop in the number of sales immediately following the referendum result. |
Surveyors now expect prices to continue to rise by an average of 3.3% a year for the next five years. | Surveyors now expect prices to continue to rise by an average of 3.3% a year for the next five years. |
However other economists have predicted a decline of up to 5% in house prices next year. | However other economists have predicted a decline of up to 5% in house prices next year. |
Where can I afford to live? | Where can I afford to live? |
Previous version
1
Next version