UK annual average house price growth slows to 3.0% in August
Average UK monthly private rents growth slowed in September, data published by the Office for National Statistics showed Wednesday.
Average UK monthly private rents increased by 5.5% annually in September, standing at GBP1,354, and a deceleration from 5.7% growth in August.
Average rents rose the most in September in Wales and Northern Ireland, both 7.1%, followed by 5.5% in England and 3.4% in Scotland.
Meanwhile in August, average UK house prices were up 3.0% on-year to GBP273,000, the pace of growth slowed from a 3.2% increase in July, the latter however was revised up from 2.8%.
UCapital Asset Management LLP or group companies may have commercial relationships with the companies mentioned. This content is not financial advice.
Sign up for free to ask the AI about this article.
Growth, inflation and rates across the major economies, with the impact on your business.