BUSINESSTHE GUARDIAN WORLD
UK house prices up 0.1% in July as buyers remain cautious on interest rates
UK house prices increased by 0.1% in July, reaching an average of £277,542, though annual growth slowed to 1.8%. Economic uncertainty and buyer caution over interest rates during the Iran war limited growth in what is typically the peak housebuying season.
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- UK house prices fall for first time this year amid rising interest rates
- House prices edge up in July as high mortgage rates and tax worries put people off moving
- UK house prices jump despite impact of Middle East conflict