Economic Buzz: UK Average House Prices Decline Marginally

7 Oct 2022 , 03:29 PM

The average UK house price experienced a slight fall in September (-0.1%), the second marginal decrease over the past three months. The cost of a typical home edged down a little to ?293,835 from the previous months record high (?293,992). The pace of annual growth also slowed for the third month in a row, to +9.9% from +11.4%, returning to single-digits for the first time since January. A typical UK property now costs ?293,835. Powered by Commodity Insights