Growth in UK house prices and private rents slows
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A view of the Canary Wharf financial district and residential houses in London, Britain, January 23, 2025. REUTERS/Hannah McKay
LONDON, Dec 17 (Reuters) - British house prices in October were 1.7% higher than a year earlier, the smallest annual rise since September 2024 and down from a downwardly revised increase of 2.0% in September, data from the Office for National Statistics showed on Wednesday.
Private-sector rental growth slowed to 4.4% in the 12 months to November from 5.0% in October, the ONS added, and the smallest annual increase since June 2022.
(Reporting by Suban Abdulla, Editing by Paul Sandle)
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