UK house prices show resilience

18 August 2011

UK house prices rose in June by 0.6%, on average. Many areas of the UK reported this rise, according to the Department for Communities and Local Government (DCLG).

The average house price is now £204,981, with the London area showing the most resilience - with a year-on-year rise of 1.5%. Seven out of the nine English regions showed a monthly house price increase in June. London again led the way, with a rise of 1.6%.

Many house price predictors, such as the Halifax and Nationwide, are predicting that prices will remain flat for the rest of the year.

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