House prices are growing at their slowest rate for five years, Nationwide claims.
The Nationwide House Price Index for June put annual growth at 2%, down from 2.4% in May and the slowest rate of growth since 2013 when figures of 1.3% were reported.
Average prices are up 0.5% on a monthly basis, putting average values for this month at £215,444.
“The East Midlands was the strongest performing region in England, and also the UK, with prices up 4.4% year-on-year. Scotland was the only regi...