Nominal growth of residential property prices in the local currency reached 4.61% in 2017 in the United Kingdom, according to the National Statistical Office. This is 13.4% less than in the previous year.
Historically, nominal growth of residential property prices in the local currency in the United Kingdom reached an all time high of 43.8% in 1972 and an all time low of -13.3% in 2008.
United Kingdom has been ranked 36th within the group of 71 countries we follow in terms of nominal growth of residential property prices in the local currency.
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