UK house prices dipped slightly in December, say latest ONS figures

UK house prices increased by 6.7% in the year to December 2015, down from 7.7% in the year to November 2015, according to the latest figures from the Office of National Statistics (ONS). Prices were up year on year by 7.3% in England, by 1% in Wales, and by 1.5% in Northern Ireland but fell by 0.2% in Scotland. The annual growth in England were driven by an annual increase in the East of 9.7%, in London by 9.4% and in the South East by 8.8%. Excluding London and the South East, UK house prices i...