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Annual rate of house price inflation across London slips into negative territory according to Hometrack

Latest Hometrack UK Cities House Price Index report – July 2018 reveals UK city house price inflation moderates to 4.2% year on year. Flat prices in London and a slower growth across large regional cities are weighing on the headline rate.

Hometrack states that 10 years on from the financial crisis city level house price growth has varied widely – three cities have prices below the levels a decade ago while four cities have prices  at 50% higher than in 2008.

The annual rate of price inflation across London has slipped into negative territory (-0.1%). Flat prices in London and a slower growth across large regional cities are weighing on the headline rate says Hometrack.

Read the Hometrack UK Cities House Price Index report – July 2018 in full click here.

 

 

 

 

 

 

 

Allen Walkey

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

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