U.K. house prices increased in August

Note: This section contains information in English only.
Source: Bloomberg
U.K. house prices rose for the first time in 3 months in August as demand improved after a summer lull. The average price of home in England and Wales increased 0.1% to 226,243 pounds from July. Prices increased 2.6% from the previous year, while in London prices soared 10.5%. As housing market struggles to recover, the the BOE and the Treasury launched a programme aimed to boost a flow of credit last month. 

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