U.K. House-Price Growth Stays Above 8% for a Third MonthLucy Meakin
U.K. house-price growth remained at an annual 8.1 percent in May from April.
That’s a third month of price growth in excess of 8 percent, the Office for National Statistics said on Tuesday. London had the highest annual growth, increasing to 13.6 percent from 13.4 percent. The figures, calculated using a new methodology, put the average price of a home in the U.K. at 211,000 pounds.