Cost of living: 'Surprising amount of momentum' for housing market as prices hit new record

Summary by Ground News

Prices across the UK were up by 10.7% in June, slowing from 11.2% in May. Month-on-month data also suggests that growth is slowing as prices rose 0.3 per cent between May and June compared to growth of 0.9 per cent.

2 months ago·London, United Kingdom

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The Guardian

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

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

2 months ago·London, United Kingdom

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Daily Express

House prices hit another record high but there are ‘tell-tale signs’ the market is slowing

HOUSE price growth has slowed this month but remains in double figures, with the average house price in the UK now standing at £271,613. However, property experts have warned there are "tell-tale signs" the property market is "losing momentum".

2 months ago·United Kingdom

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The Telegraph

House price fall now ‘unavoidable’ as growth slows again

Third successive month of property market's slowing growth, Nationwide reports

2 months ago·London, United Kingdom

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Sky News

'Surprising amount of momentum' for housing market as prices hit new record

Nationwide's monthly report suggests a slowdown is coming as financial pressures increase but says there are many factors propping up prices including the UK's high rate of employment.

2 months ago·United Kingdom

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