London slowdown eases UK house price growth

19th June 2015

UK house price growth eased in the year to April, partly due to a slowdown in London, official figures have shown. Prices rose by 5.5% - compared with a 9.6% rise in the year to March - the slowest annual price growth since December 2013, the Office for National Statistics said. Prices in London rose 4.3%, the lowest growth rate in two-and-a-half years. In the year to April, Northern Ireland saw house prices increase at the fastest pace in the UK, rising 8.8%. Prices in England were up 5.8%, in Scotland 2.2% and in Wales 1.3%.

Evening Standard (16/06/2015)