December house price growth accelerates
January 22, 2016
According to the Hometrack December UK Cities House Price Index, City level house price growth accelerates to 15 month high on unseasonally strong market activity.
City level house price inflation was showing at 11.4%, that was up from 8.9% a year earlier.
House price growth across UK cities continues to accelerate on rising demand, both Cambridge and London lead growth although sales volumes in these cities are lower over 2015.
The Hometrack and Cambridgeshire Insight report shows a staggering 47% drop off in the number of home sales completed in the city over the six months to September, compared to the previous six months.
To see the December Hometrack Cities House Price Index report in full click here
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