Further evidence of a slowdown in the housing market emerged last night with figures showing faltering price growth in August.
The average price of a house in the UK in August was £179,486, up from £177,474 in July, according to data from the Office of the Deputy Prime Minister.
The figure represented a 13.6 per cent rise over a year ago, but was lower than the annual price inflation of 14.3 per cent recorded in July.
Average house price inflation in London was 6.5 per cent in August, down from 8.4 per cent in July.
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules hereComments are closed on this article