UK house prices up 6.0 pct yr-on-yr in July - govt figures

Government figures showed that UK house prices rose by 6.0 pct from a year ago in July, up from 5.3 pct the previous month, indicating that the property market continues to be robust.
London led gains, with a 7.1 pct rise during the same period, the department for communities and local government said.
Between July and June there was a 1.8 pct rise in the average house price, taking it to 194,454 from 191,016.
England and Scotland saw increases in inflation, while it fell in Wales and Northern Ireland. The inflation rate in England rose to 5.5 pct in July from 4.6 pct in June while in Scotland prices rose to 9.3 pct from 8.9 pct. In Northern Ireland, the rate fell to 18.3 pct from 19.1 pct and in Wales the rate fell to 7.4 pct from 8.5 pct.