UK house price growth slows to 2.0% in June as average price hits £272,000
The average UK home sold for £272,000 in June, with annual growth slowing to 2.0% from a revised 3.0% in May - a second consecutive slowdown. Prices rose just 0.1% on the month against 1.0% a year earlier, alongside mortgage approvals of 58,200, below the six-month average. For sellers, that argues for realistic asking prices; for buyers, more room to negotiate. Regional spread remains wide: the North West up 4.7%, London down 2.5%.
What this means for…
Buyers· 2/3
Sellers· 3/3
Wider market· 2/3
Each axis scored 1 (minor) to 3 (major). Total 7/9.
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