Price rises in December

20th February 2015

House prices in the UK rose by 9.8% in the year to December, according to the ONS. That was slightly lower than November's rate, which stood at 9.9%, but prices were still growing "strongly", the ONS said. Prices rose fastest in England at 10.2%, and by 5.5% in Scotland, 4.9% in Northern Ireland and 4% in Wales. The national picture was heavily influenced by London where prices went up by 13.3% compared with the previous year.

Financial Times (18/02/15)