UK June Nationwide house prices +0.1% vs -0.3% m/m expected

<ul><li>Prior +0.1%</li><li>House prices -3.5% vs -4.0% y/y expected</li><li>Prior -3.4%</li></ul><p>The average house price in the UK moved up slightly in June to £262,239 but annual price growth remains lower as rising rates are starting to weigh on the housing market. There is starting to be a noticeable impact on housing affordability as seen here:</p>

This article was written by Justin Low at www.forexlive.com.