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UK home costs rise annual 10.0% in November


© Reuters. FILE PHOTO: Homes are seen painted in varied colors in a residential road in London, Britain, Might 15, 2019. REUTERS/Toby Melville

LONDON (Reuters) – British home costs in November have been 10.0% larger than a 12 months earlier, up from 9.8% annual progress in October, the Workplace for Nationwide Statistics mentioned on Wednesday.

Home worth inflation peaked at 13.5% in June, its highest in additional than 15 years, shortly earlier than the federal government started to part out a brief tax break on purchases.

London continued to be the area of the UK with the slowest enhance in home costs, with an increase of 5.1% over the 12 months to November.

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