| The imbalance in Britain’s property market was laid bare today by official figures showing house prices were up 1.5 per cent in the year to October – but more than half of the rise was delivered by London and the South East.
The ONS figures, which lag other major house price reports by at least a month, showed a 0.2 per cent monthly rise to a UK average of £231,000. As well as growth in London, the increases in England were fuelled by a 3.1 per cent annual rise in Yorkshire and the Humber while prices were flat in the North East and fell 0.8 per cent in the West Midlands, the ONS said...............................................Full Article: Source
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