UK house prices rise 0.2% in June to £299,330 — first monthly increase in four months
UK house prices rose 0.2% in June, the first monthly increase in four months, putting the average property at £299,330 with annual growth edging up to 0.6%, according to the Lloyds House Price Index (formerly Halifax) published on 7 July. Easing mortgage rates are lending modest support to demand, with first-time buyer prices up 0.8% annually. For sellers, that suggests a tentative floor under values; for buyers, prices remain broadly flat year on year. Quarterly prices are still down 0.4% — this is stabilisation, not recovery.
What this means for…
Buyers· 2/3
Sellers· 2/3
Wider market· 2/3
Each axis scored 1 (minor) to 3 (major). Total 6/9.
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