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British house price inflation eases to weakest pace since March

Cyprus Mail · 2026-10-24

AI SUMMARY

• What happened: British house price inflation eases to weakest pace since March British annual house prices ​rose at their weakest ‌annual pace since March in August, ​according to official ​data published this week ⁠that also showed ​growth in average ​private rents held at its highest since the end ​of last ​year. Annual house price... • Why it matters: This update may be relevant for Cyprus residents, visitors, businesses or policymakers. • What to watch next: Follow CyprusDailyLife for updates.

British annual house prices ​rose at their weakest ‌annual pace since March in August, ​according to official ​data published this week ⁠that also showed ​growth in average ​private rents held at its highest since the end ​of last ​year.

Annual house price inflation eased ‌to ⁠0.9 per cent in August from 1.2 per cent in July, the Office ​for National ​Statistics ⁠said.

Average rents increased by 3.8 per cent ​year-on-year in ​September, ⁠the same pace as in August ⁠and ​the joint-strongest ​reading since December.

Source: Cyprus Mail
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