UK house prices soar – report ...News

The rise in July represents the highest annual inflation rate seen since May 2003, according to the Office for National Statistics Average UK house prices have surged by 15.5% over the year to July, up from 7.8% in the previous month, the Office for National Statistics (ONS) reported on Wednesday. The report highlighted that it’s “the highest annual inflation rate seen since May 2003,” reflecting how prices in the same month last year were affected by the end of the stamp duty holiday. The average UK house price was £292,000 in July 2022, which is £39,000 higher than this time last year. Data also indicated that t

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UK house prices soar – report ...News

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