UK house price growth accelerates, Halifax says

UK house prices were 1.4% higher in July than June, the Halifax has said, rising at the fastest annual pace since November. Prices in the three months to July rose by 3.3% from a year earlier, with the average cost of a house hitting a record £230,280. The rise pushed house price inflation back above wage growth, now at about 2.5% a year. However, the lender added it did not expect much pick-up in activity for the rest of 2018.

BBC News (07/08/2018)   Financial Times (07/08/2018)