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Housing Today
Trusted media brand of the Chartered Institute of Housing
Annual house price inflation slows to 1.7%
Official figures show slow annual growth but third successive month-on-month rise
House prices increased by 1.7% in the year to June -the slowest rate of annual inflation since July 2020 in the pandemic.
The UK House Price Index, which is published by the Office for National Statistics using Land Registry data, shows the average UK house price increased by 1.7% in the year to June to £287,546. This followed a 1.8% rise in May. The small annual growth was due in part to a surge in prices last summer.
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