-Aug House Prices +0.1% m/m; +1.8% y/y
LONDON (MNI) – House prices remained broadly flat between July
and August with inflation easing slightly to its lowest level since
April, figures released by National Statistics showed Tuesday.
House prices rose 0.1% on the month in August on a seasonally
adjusted basis and were up 1.8% on the year, down from 2% in July.
Out of the nine UK regions five posted increases in inflation this
month, while four showed falls. London prices rose the most over the
past year, increasing by 6.3%, while prices in the South West fell 0.7%
compared with a year earlier.
-London bureau: 0044 20 7862 7491; email: puglow@marketnews.com
[TOPICS: M$B$$$,MABDS$]
