March shows house price growth slowing to 1.7%

UK city house price inflation has slowed to 1.7%, the weakest growth since May 2012.

All six cities covered by the index in southern England, outside London, are recording the lowest growth rates since 2012 – ranging from -0.6% in Oxford to +2.2% in Bristol.

Liverpool currently has the highest annual rate of house price growth (5.8%) with three other cities registering price growth over 5% – Leicester, Glasgow and Manchester. Housing sales in Glasgow and Liverpool are, respectively, 12% and 19% higher than in 2015.

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