Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

UK house prices rise annual 10.0% in November - ONS

Published 19/01/2022, 09:45
Updated 19/01/2022, 10:16
© Reuters. FILE PHOTO: Houses are seen painted in various colours in a residential street in London, Britain, May 15, 2019. REUTERS/Toby Melville

LONDON (Reuters) - British house prices in November were 10.0% higher than a year earlier, up from 9.8% annual growth in October, the Office for National Statistics said on Wednesday.

House price inflation peaked at 13.5% in June, its highest in more than 15 years, shortly before the government began to phase out a temporary tax break on purchases.

London continued to be the region of the United Kingdom with the slowest increase in house prices, with a rise of 5.1% over the year to November.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.