- News
All the latest updates on building safety reformRegulations latest
- Focus
All the latest updates on building safety reform
By Joey Gardiner2022-10-19T10:20:00
Official figures show annual price inflation was running at 13.6% in August prior to Kwasi Kwarteng’s mini-Budget announcement
Experts are forecasting an “uncomfortably bumpy landing” for the housing market despite today’s publication of latest government data which showed that UK house prices rose 13.6% year-on-year in August.
The figures from the Office for National Statistics (ONS), which cover the period pre-dating the mini-Budget, show that while the rate of annual inflation narrowed in the month compared to the 16% reported in July, prices still rose by 0.9% month-on-month to reach another record high.
Existing subscriber? LOGIN
Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.
Get your free guest access SIGN UP TODAY
Subscribe to Building today and you will benefit from:
View our subscription options and join our community