Industry Reactions: Official data shows UK house prices climb for a sixth consecutive month
Property values increased by an average of 2.8% in the 12 months to August 2024, according to the latest UK HPI, up from +1.8% annual growth in the previous month.
Official Data: House prices rise for sixth consecutive month
Property industry reactions to the latest UK House Price Index, featuring insights from Chestertons, Foxtons, Fine & Country, Propertymark, SPF Private Clients and more.
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The latest UK HPI suggests the national average sold price increased by 0.3% from March to April, taking the annual change to +1.1%.
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Official UK HPI data indicates new-build sales are driving price increases while resale property values continue to fall.
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Industry Reactions: Official data shows UK house prices climb for a sixth consecutive month
Property values increased by an average of 2.8% in the 12 months to August 2024, according to the latest UK HPI, up from +1.8% annual growth in the previous month.
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