Price of average home now £277,542, up from £277,484 the previous month but lower than in May, says Nationwide
Economic uncertainty dampened UK house price growth in July as prospective buyers remained cautious about interest rates during the Iran war in what should be the peak housebuying season.
House prices rose by just 0.1% in July from a month earlier, according to the lender Nationwide, while annual price growth slowed to 1.8% this month, down from 2.2% in June.
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This article was originally published by The Guardian and written by Joanna Partridge.
Read original article on The Guardian