UK housing market: expect the unexpected?
House prices across the UK have continued to grow strongly, according to the latest figures from the ONS. The average cost of a home in UK reached £287,000 in October, the highest since records began and a 7.0% increase year-on-year. Unsurprisingly, London continues to remain the most expensive city, with the average cost of a home recorded at £531,000 in October – 51.6% higher than at the pre-recession peak.
By Amandeep Bahra at 21 Dec 2015