UK house price inflation dips over summer period

The UK house price inflation rate fell from 14.3% annualised in July to 13.6% in August, house price...

The UK house price inflation rate fell from 14.3% annualised in July to 13.6% in August, house price figures from the Office of the Deputy Prime Minister reveal. The fall in inflation was due to a rise of only 1.2% in prices between July and August, compared with a rise of 1.8% over the same period last year. Annual house price inflation in London was 6.5% in August, down from 8.4% in July. The rise in UK prices between July and August was broad-based, with similar rises in prices for detached properties, semi-detached, terraced houses and flats, all in the region of 1%. All the home ...