House Prices Still on the Rise after Brexit
The housing market is showing early signs of resilience following the Brexit vote, new official figures show. House prices rose by 0.4 per cent between June and July, although many property sales recorded in the ONS data would have been well under way before the EU referendum on 23 June. At £217,000, the average price of a UK home in July is £17,000 higher than a year ago. In London, average prices rose by 12.3 per cent in the last 12 months to £485,000 – more than double the UK average. Read more in this article from ES Homes & Property.