• UK house price inflation rises 0.8% in November

Market news

19 January 2016

UK house price inflation rises 0.8% in November

The Office for National Statistics (ONS) released its house inflation data for the U.K. on Tuesday. The U.K. house price index rose at a seasonally adjusted rate of 0.8% in November, after a 0.8% increase in October.

On a yearly basis, the U.K. house price index increased at a seasonally adjusted rate of 7.7% in November, after a 7.0% in October. It was the highest rise since March.

The higher house price inflation was mainly driven by an increase in prices in the East, the South East and London.

The average mix-adjusted house price was £288,000 in November, up from £287,000 in October.

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.