Annual house price growth UK wide at slowest rate since September 2012

Average house prices in the UK increased by 0.6% in the year to February 2019 to £226,000, down from 1.7% in January, the latest official figures show. It was the lowest annual rate of house price growth since September 2012 when it was 0.4%, with prices slowing over the last two years, according to the data published by the Office for National Statistics (ONS). Year on year the biggest growth was in Wales with prices up by 4.1% to £159,559 but prices fell by 0.2% month on month.

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