Editor
The average price of a UK home climbed again in August, although the rate of annual growth slowed, as the country’s largest lender warned of a “more challenging period” ahead for house prices amid rising interest rates and the cost of living squeeze.
The average price of a home was £294,260 in August, 0.4% higher than the previous month, and marked another record high, according to Halifax.
It called the monthly rise “relatively modest” compared with the rapid house price inflation…
