Upward momentum in house price growth across regional cities shows no sign of slowing according to Hometrack
September 29, 2017
The latest Hometrack UK Cities House Price Index August 2017 reveals that UK city house price inflation is at 4.9%, down from 6.6% in August 2016.
City house price inflation is being sustained by above average growth in regional cities while prices in London have stabilised but are falling in real terms.
The upward momentum in house price growth across regional cities shows no sign of slowing. Manchester is the fastest growing city (7.3%).
Total value of all private homes across the 20 UK city index exceeds £3.0 trillion (£3,000bn), two thirds of which is accounted for by London.
Read the Hometrack UK Cities House Price Index August 2017 in full click here.
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