Average UK house price rises by £25,000 in a year

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UK house prices rise in every region

The average cost of a UK home increased by £25,000 in the 12 months to August, official figures show, with rises recorded in all regions.Office for National StatisticsThe rebound in the property market since the Covid restrictions were eased in spring 2020 has been fuelled by a “race for space” among buyers and stamp duty holidays across the UK., which was the most generous initially and fully phased out only at the end of September, helped drive up prices by 9.

 

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