House prices slow across the UK

Northern Ireland continued to show the strongest price growth in the UK, but also experienced the most rapid slowing in prices, while London remained the most expensive region overall. Across the UK, annualised price growth was 6.9% in the final quarter of 2007 and the average home cost £183,959. Seasonally adjusted prices grew 1% over the quarter. During the third quarter of 2007, annualised growth had reached 9.3%, indicating a significant slowdown in the UK as a whole. The UK regions varied considerably, though all experienced a slowdown in price growth since the third quarter, an...