House prices rose by 0.9 per cent in June, the Nationwide Building Society said today, fuelling hopes the property market is beginning to stabilise.
The average house price in June stood at £156,442, compared with £154,016 in the previous month.
While the monthly rise of 0.9 per cent is below the 1.3 per cent increase in prices for May, the measure of growth over three months revealed the first rise since December 2007.
House price recovery edges ahead with 0.9% rise - Times Online
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