This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Find out more here.
X
MM-Cover-Small-210814.jpg
Categories:Mortgages

House prices up 0.2% in July

  • Print
  • Comment

House prices increased by 0.2 per cent in July, according to the latest house price index from Nationwide.

The average house price is now £168,731, 0.4 per cent down on a year ago.

Nationwide chief economist Robert Gardner says: “Stability has been the watchword for the UK housing market over the past 12 months. Sluggish demand for homes, combined with only a gradual rise in the supply of available properties, has helped to keep property prices relatively stable.

“This pattern was maintained in July, with UK house prices rising by a modest 0.2 per cent during the month, leaving prices 0.4 per cent below the level prevailing in the same month of 2010. At 0.3 per cent, the three month on three month measure of house prices was little changed from the 0.4 per cent rate of increase recorded in June.”

  • Print
  • Comment

Daily Email Updates
If you enjoyed this article, sign up to receive the latest news and analysis from Money Marketing.

The Money Marketing CPD Centre
Build your annual CPD - you can log and plan your CPD hours for free with The Money Marketing CPD Centre.

Taxbriefs Advantage
Advantage is a digital reference source giving unbiased, independent, answers to your technical queries. Subscribe to Taxbriefs Advantage.

Have your sayEdit my profile/screen name

You must sign in to make a comment

Fund Data

Editor's Pick



Poll

Should the FCA relax pension transfer qualification requirements?

Job of the week

Latest jobs

View all jobs

Most recent comments

View more comments