UK house prices ‘remain subdued’ for third successive month

Average house price at £288,455 in June, down 0.2% on May, says Halifax, as property shortage keeps prices highHouse prices remained “subdued” for a third month in a row in June, as a shortage of properties kept prices high, according to the mortgage lender Halifax.The average house price hit £288,455 last month, down only 0.2% on the £288,931 recorded in May, while house price growth on an annual basis remained unchanged at 1.6%. Continue reading...