UK house price growth slows to 7.6%

25 Apr 2016, Lucy Racheva   Read the original article

Growth in the house prices in UK slowed to 7.6% in the year to February 2016, compared with 7.9% in the year to January 2016. This was announced by the Office for National Statistics (ONS).

The increase in prices was particularly strong in the East and South West of England.

Scotland remained the weakest part of the country, with prices falling by 0.8% over the 12 month period.

Now the average cost of a house or flat is £283,658, according to the data of ONS.

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