Bitcoin price today: falls to 2-week low below $113k ahead of Fed Jackson Hole
Investing.com -- UK house prices increased 3.7% in June compared to the same month a year earlier, accelerating from the 2.7% annual growth recorded in May, according to data released Wednesday by the Office for National Statistics.
The June figure shows continued strength in the housing market, though it remains below the 5.5% peak reached in March, which marked the highest rate of house price inflation in more than two years.
The March surge coincided with the end of a tax break on many property purchases.
Meanwhile, the rental market showed signs of cooling as private-sector rents rose 5.9% year-on-year in July, down from 6.7% in June. This represents the smallest annual increase in rental prices since January 2023.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.