Article 4DB5G House prices rise at slowest rate in six years as Brexit hits growth

House prices rise at slowest rate in six years as Brexit hits growth

by
Richard Partington
from Economics | The Guardian on (#4DB5G)

London experiences biggest slump in a decade but Midlands and north-west race ahead

House prices across Britain have increased at their slowest rate for more than six years, with London experiencing its biggest slump in a decade as Brexit concerns drag on growth.

The Office for National Statistics said average house prices in the UK rose by 0.6% in the year to February, the lowest rate of growth since September 2012, and down from 1.7% in January.

Related: UK property market 'in line for summer Brexit relief rally'

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