Official data: Commercial home prices are causing the pace since mid-2016

London – (Reuters):
Official data revealed, on Wednesday, that British house prices increased in November at the fastest pace since June 2016, as the rise in the housing market due to the Corona pandemic is likely to be close to its peak.

The Office for National Statistics said house prices increased 7.6 percent year-on-year in November, after rising 5.9 percent in October.