Property Market
UK House Prices Grow Again in June, Nationwide Says
- Market has stabilized after a dip in prices last year
- With affordability stretched, more deals rely on cash buyers
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UK house prices increased for a second month in June, in signs the market is stabilizing after last year’s dip, according to one of the top mortgage lenders.
Nationwide Building Society said its measure of prices rose 0.2% in June after an 0.4% gain the month before. Economists had expected no change.