Average UK house prices hit record high in June but slowdown signs emerge

Average UK house prices hit record high in June but slowdown signs emerge - short news


Weakening economy, cost-of-living squeeze and rising interest rates are cooling market, index shows

The growth of UK house prices slowed this month, an index shows, as the weakening economy, cost of living squeeze, and rising interest rates cooled the market.

Prices were up by 10.7% in June, slowing from 11.2% in May, Nationwide building society said.

South-west, £318,325, 14.7%

East Anglia, £289,024, 14.2%

Wales, £208,309, 13.4%

North-west, £213,888,..


Read more on The Guardian

source: The Guardian - 30.06.2022

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