Huffpost UK uk

House Prices Up In July, According To Report From Nationwide

Posted: Updated:

House prices rose by 0.2 per cent in July, according to figures from Nationwide.

The survey paints an uncertain picture of the UK economy after disappointing GDP figures earlier this week.

Chief economist at Nationwide Robert Gardner said that the market was “relatively stable” but first-time buyers still had trouble getting on the property ladder.

"House prices remain relatively high compared to incomes and, together with more demanding deposit requirements, this is dissuading, or at least delaying, some first-time buyers from entering the market," he said on Friday.

After this month’s rise, house prices are now 0.4% less than a year ago.

Suggested For You

Suggest a correction

Around the Web

Find Your Home Value, House Values and Prices on Yahoo! Real Estate

Check Home Sale Prices - Find Your Home Value - Get House Values ...

U.K. House Prices Decline 0.1% as Downward Trend Continues ...

Why house prices will keep falling - Street Sweep: Fortune's Wall ...

House prices in UK 'stabilising'

Home prices rise again, but experts are unimpressed

House prices continue decline

Further falls for Perth property prices