UK house prices inch up in August

London

UK house prices edged higher in August as the property market continued to experience a lacklustre recovery following a tax increase and the shock of the Brexit vote, according to Acadata and LSL Property Services Plc.

The average value of a home rose just 0.1 per cent, the same pace as in July, to £292,921 (S$527,000), the groups said in a report published on Tuesday.