House prices 'show rise'
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.HOUSE prices rose by an average of 0.7 per cent last month, according to the Halifax Building Society. However, prices still fell by an average of 5.6 per cent over the year to June, writes Maria Scott.
Prices in the south of England are now about eight to 10 per cent down on a year ago.
The society said the June increase, which on a seasonally adjusted basis was 0.3 per cent, could be a sign that prices are now stabilising.
But further recovery depends on the economy and employment prospects. 'With some increase in house sales over the next few months, house prices could move on to a gently rising trend during 1993.'
June's rise followed seasonally- adjusted falls of 0.9 per cent and 0.5 per cent in April and May.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments