UK house prices flat in June, says Nationwide; higher energy bills cap kicks in – business live

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UK house prices flat in June, says Nationwide; higher energy bills cap kicks in – business live

Annual house price growth accelerates to 2.2%, led by Northern Ireland “The UK housing market is proving to be a study in resilience rather than exuberance,” said Anthony Codling, housing analyst at RBC Capital Markets. The average price of a home dipped £540 in June from May but rose almost £6,000 year on year. The average UK home now costs £277,484, a market that is moving sideways more than it is marching forward.…