Date issued: 31 Aug 2006

HOUSE PRICE GROWTH FIRM IN AUGUST

• House prices increased by 0.8% in August
• The annual rate of growth accelerated to 6.6%
• Rate rises will signal caution
• But unlikely to lead to a repeat of the 2004 slowdown

Headlines	August 2006	July 2006
Monthly index* Q1 '93 = 100	331.9	329.4
Monthly change*	0.8%	0.8%
Annual change	6.6%	5.9%
Average price	£167,721	£167,733

*seasonally adjusted

For further information please see this month's full report (PDF - 49KB)