LONDON, Aug 17 Reuters British house prices rose in June by 7.8 in annual terms, the weakest increase since July last year, which was immediately after the scaling back of a COVID19 emergency tax break for housebuyers, official data showed on Wednesday.

June39;s increase represented a sharp slowdown from May39;s 12.8 annual jump in prices.

The average price of a home in the United Kingdom stood at 286,000 pounds 346,000, up by 20,000 pounds from a year earlier, the Office for National Statistics said.

1 0.8260 pounds

Reporting by William Schomberg; editing by David Milliken

Source Reuters