House price inflation eases to +9.6% – UK HPI
The official UK House Price Index tells us that average property prices increased over the year to January; in England to £292,000 (9.4%), in Wales to £206,000 (13.9%), in Scotland to £183,000 (10.8%), in Northern Ireland to £159,000 (7.9%), and in London to £510,102 (+2.2%).
‘Little evidence of house price inflation losing much momentum’ – RICS
"It seems that limited supply available on the market, coupled with steady demand growth, are still the overriding drivers of house prices," says the RICS' chief economist.
House price growth slows to 9.8% – UK HPI
Official data points to a property market slowdown.
Annual UK house price inflation eases back to +10.2%
The official UK House Price Index tells of a 1.1% dip in average property prices in October - but London prices jumped up in the month.
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