Nationwide reports increase of just over 2% last month compared with average prices in July
The UK’s house price growth unexpectedly accelerated in August despite the gradual phasing out of the government’s stamp duty holiday, following the second largest month-on-month increase in 15 years.
Year-on-year house price growth in August climbed to 11%, according to Nationwide, up from 10.5% in July and nudging the UK’s average amount paid for a property closer to the £250,000 mark.
