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House price inflation "subdued"

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  • House price inflation "subdued"

    The Nationwide has reported that house price inflation was subdued in June, the third month in a row.

    It places house price inflation at 0.3% for June, and suggests that a slow but steady upward growth trend is now dominant.

    However, the Nationwide also reported that while first time buyers may be finding it more attractive to move into rented accomodation, a general housing shortfall means that demand may continue.

    http://www.nationwide.co.uk/hpi/historical/June2006.pdf
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