Fresh data from Halifax shows that the average house price in a UK city increased by 10.3% annually in June, to £287,440. Across the same time frame, average earnings for city dwellers rose by 2.1%, to £35,677. This means the average city house now costs 8.1 times the average earnings of a UK adult. The bank says
Working from home driving U K property price surge, says Bank of England
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House prices rise at slowest pace since March but still jump by 7 6%
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House prices climb 7 6% in July: Halifax | Mortgage Strategy
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