UK house prices rise by 6.7% in 12 months
A 6.7% rise in UK property prices now means that an average house costs £172,000.
However, prices in some areas are beginning to stagnate causing what experts are calling a two-pace market.
London Borough of Waltham Forest saw a 26.3% rise whereas Merthyr Tydfil saw a price drop by 13.2% in the last 12 months.
Simon Gompertz reports.
27 Jun 2014
- From the section Business