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Summer property boom pushes house prices to record high

House prices jumped by 2.5pc in the 12 months to the end of August as the post-lockdown property boom pushed up the cost of property, official figures showed.

The August figure was a large increase from the 2.1pc rise witnessed in July, the Office for National Statistics said, as deals that were held back during lockdown completed and bumped up property prices.

 

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