House prices kept high due to shortage of homes

4th August 2017

Nationwide has reported that house prices increased by 0.3% in July, the second month running there has been a rise, with a shortage of properties keeping prices high. The increase saw the price of the average UK home hit £211,671, a record for Nationwide's index. The annual pace of growth hit 2.9% in July, dipping from June’s 3.1%.

The Guardian (01/08/2017)