UK house prices rose 2.2% annually in July, marking the 5th consecutive month of growth (ONS).

UK house prices rose by 2.2% annually in July, marking the fifth consecutive month of growth, as reported by the Office for National Statistics (ONS). This growth rate is slower than the 2.7% increase observed in the year leading up to June. In London, prices declined by 0.4%, while the North East saw the highest growth at 3.8%. Additionally, private rents surged by 8.4% in the year to August.