London house price gap at 20 year high
The August 2015 Hometrack UK Cities House Price Index is out now.
The latest Index figures show the gap between house prices in London and major regional cities being at its widest for 20 years. Overall city level house price inflation is running at 8.3% per annum, up from 6.6% in May. The growth in demand for housing continues to exceed supply – with 50% of buyers in the first half of 2015 not having a property to sell. The London house price gap at 20 year high.