Annual house price growth has risen to 3.5% according to the latest data from Zoopla, despite demand for homes continuing to fall from the summer highs that followed the end of the first lockdown.

Zoopla’s monthly house price index shows prices rebounding in October to 3.5% after annual growth dropped to 2.9% in September. Month on month prices grew by 0.7% to an average of 223,500, according to the online property portal.

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