• House prices in UK rose more than forecast

Market news

16 August 2016

House prices in UK rose more than forecast

- the average price of a property in the UK was £213,927

- the annual price change for a property in the UK was 8.7%

- the monthly price change for a property in the UK was 1.0%

- the monthly index figure for the UK was 112.2 (January 2015 = 100)

Continuing price pressures in the housing market reflect stronger demand relative to supply in the housing market. However, there are also indications that the housing market pressure softened recently, with falls in both demand and supply.

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