Economic Indicators

Housing prices rose in the UK in October-report

12/14/2022
Less than a minute

2022.12.14 05:34

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Housing prices rose in the UK in October-report

Budrigannews.com – The Office for National Statistics (ONS) reported on Wednesday that British house prices increased by 12.6% year-over-year in October. This increase was partly caused by a sharp decline in the same month last year as a result of changes to the stamp duty property tax.

The increment was higher than September’s 9.9% ascent.

Property prices in Britain have decreased month-over-month as a result of an increase in interest rates and a surge in overall inflation, according to more recent measurements of the market.

More UK public sector wages fall to 19-year low-report

Housing prices rose in the UK in October-report

12/14/2022
Less than a minute

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