Nationwide: annual house price growth picks up to 2.2% in June, from 1.7% in May

Nationwide's June index puts annual house price growth at 2.2%, up from 1.7% in May, with prices flat month-on-month and every UK region posting positive annual growth in Q2. The pickup rests on shifting expectations for the Bank of England's base rate path, which has pulled down the market rates that underpin fixed mortgage pricing. For sellers that supports values, though realistic pricing still wins the interest; for buyers, cheaper fixes are slowly easing affordability. This is a modest upward drift, not a boom — prices did not move at all over the month.