Property News · June 29, 2016

UK house price growth up in final set of figures before vote to leave EU


Nationwide index shows annual growth rate of 5.1% in June, up from May’s 4.7%, but analysts warn of ‘calm before the storm’Growth in UK house prices picked up in June, but agents and analysts are warning that Britain’s decision to leave the EU will affect demand and prices in the coming months.The average price of a property rose by 5.1% from a year ago to £204,968, according to Nationwide building society (pdf). This compares with an annual growth rate of 4.7% in May. It has been fairly stable over the past 12 months at between 3% and 6%. Continue reading…

Source : theguardian.com
Read more…UK house price growth up in final set of figures before vote to leave EU

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