Every region in England and Wales have noted record property prices with the housing market showing a slight rise in annual growth following 11 months of falls, the latest index shows.
In the 12 months to May 2018, annual price growth has crept up from 2.1% to 2.2%, but month on month prices were unchanged, the data from the Your Move index shows.
Growth was led by regions in Wales with prices up 13.9% in Monmouthshire, up 11.6% in the Vale of Glamorgan and 9.5% in Cardiff, but the report points out that this may have been due to buyers rushing to beat the new Land Transaction Tax introduced in April as the growth calculations are based on three month averages.
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