Average house price at £186,270 is a 9.7% increase on August - TopicsExpress

Average house price at £186,270 is a 9.7% increase on August 2013, but lower than the 10.2% recorded in July The strong pace of UK house price growth cooled off in August, with average prices rising by 0.1% amid signs that more homes are coming on to the market, according to the Halifax (pdf). The average price of £186,270 was up 9.7% on a year earlier, representing a slowdown on the seven-year high of 10.2% recorded in July. The lender said there were tentative signs that a better balance between demand and supply might be emerging which, if sustained, would help to dampen the pace of price growth. Continue reading... dlvr.it/6rXNT1

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