The Office for National Statistics (ONS) released its house inflation data for the U.K. on Tuesday. The U.K. house price index fell at a seasonally adjusted rate of 0.2% in December, after a 1.0% increase in November.
On a yearly basis, the U.K. house price index increased at a seasonally adjusted rate of 6.7% in December, after a 7.7% in November.
The higher house price inflation England was mainly driven by an increase in prices in the East, the South East and London.
The average mix-adjusted house price was £288,000 in December, unchanged from November.