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Average UK house price hits record of £289,099 but market starts to cool


Annual growth remains at 10.5%, the slowest rate since start of year, says HalifaxThe average UK house price hit a fresh high in May, rising for the 11th month in a row, according to Halifax data, but the annual growth rate slowed in a sign that the cost of living crisis is cooling the market.House prices increased by 1% between April and May, or £2,857, taking the average price of a home to a record of £289,099. Continue reading…

Source : theguardian.com
Read more…Average UK house price hits record of £289,099 but market starts to cool

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