House price inflation in London continues to slow says Hometrack
The latest UK Cities House Price Index – March 2017 from Hometrack released 28 April 2017 leads with: City level house price growth rate is 6.4%, up from 4.9% at the end of last year. 2017 Q1 saw city level house prices rise by 3.5%, the highest quarterly rate of price inflation for 3 years.
House price inflation in London continues to slow and has now reached 4.9% yoy which means the capital is among the five slowest growing cities along with Oxford and Cambridge.
They state: Growth at 12 year high in larger regional cities, the impetus for faster house price growth is emanating from large regional cities such as Newcastle, Glasgow and Edinburgh with Newcastle.
Read the Hometrack UK Cities House Price Index – March 2017 in full click here.