Average UK property prices were 6.1% higher this July than last and currently stand at £200,913.
The figures from Assetz, which attempts to provide a comprehensive view of the housing market by compiling figures from the five leading house price indices (Halifax, Nationwide, RightMove, CLG House Price Index, Acadametrics), confirm the average rate of property price growth is slowing, as was widely predicted for the second half of this year. They indicate a stable housing market, with the six month rolling average house price inflation figure now 4%. Annualised average data shows UK house prices have reached more sustainable levels, compared to the large fluctuations witnessed ear...
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