# UK house prices rise by least since 2020 and fall in London – ONS
Published: 2023-08-16
Category: Headlines
Category URL: https://entrepreneurtribune.com/category/headlines/
Meta Title: UK House Prices Rise by Least Since 2020, London Prices...
Meta Description: Discover the latest statistics on British house prices. Learn how prices have changed and how the housing market is being affected by inflation and mortgage...
URL: https://entrepreneurtribune.com/uk-house-prices-rise-by-least-since-2020-and-fall-in-london-ons/

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## UK house prices rise by least since 2020 and fall in London – ONS

LONDON (Reuters) – British house prices increased by 1.7% in the 12 months to June, the Office for National Statistics (ONS) said on Wednesday, the smallest rise since July 2020.

House prices in London fell by 0.6%, the ONS said.

Britain’s housing market, which boomed during the coronavirus pandemic, has come under strain from higher mortgage rates after last year’s surge in inflation.

The ONS said its measure of private rents rose by 5.3% in the 12 months to July, the biggest increase since data collection began in 2016.

(Reporting by William Schomberg, editing by Andy Bruce and Sachin Ravikumar)


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