A prominent financial analyst is warning that the hopes for a housing market resurgence over the autumn could be derailed by the government if it increases Capital Gains Tax. Annual house price growth is now running at 2.3% according to the Halifax. He adds: The housing market is continuing to show its resilience. This regional variation highlights the diverse nature of the UK property market and the opportunities available across different areas. Scotland saw a rise in house prices, a typical property now costs £205,264, 2.1% more than the year before.

Source: Daily Nation August 07, 2024 23:06 UTC