(Alliance News) - UK house prices grew 10% on a year earlier in November, data from the Office for National Statistics showed on Wednesday.
While picking up from October's 9.8% growth, November's increase was slower than the stamp duty holiday-driven peak of 13% in June.
The average UK house price was GBP271,000 in November, being GBP25,000 higher than a year before and just below the record level of GBP272,000 notched in September, at the end of which the stamp duty holiday was halted.
House price growth was strongest in Wales where prices increased by 12%, while the slowest growth was seen in London, up 5.1%.
By Lucy Heming; lucyheming@alliancenews.com
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