Average price of home rises to record of £294,260 in August but annual growth rate slows
The average price of a UK home climbed again in August, although the rate of annual growth slowed, as the country’s largest lender warned of a “more challenging period” ahead for house prices.
The average price of a home was £294,260 in August, 0.4% higher than the previous month, and marked another record high, according to Halifax.