House price inflation has slowed a little, but prices are still rising, government figures showed today. Annual house price inflation went up by 5.2% in June, compared with 5.6% in May, according to the Department for Communities and Local Government (DCLG), formerly the Office of the Deputy Prime Minister.
The average UK house had a price tag of £190,883 in June, the figures showed. Inflation dropped slightly across the UK as a whole, but in Northern Ireland prices rose by an impressive 18.5% in June, up 0.5% on the previous month. Wales also saw an increase from 4.8% in May to 8.2% in June.
House prices continue to rise