Average UK house price increases month on month for first time since February

The housing market is expected to continue moving ahead at a ‘measured pace’, Lloyds said (Yui Mok/PA) - (PA Archive)

The average UK house price increased on a month-on-month basis for the first time in four months in June, according to an index.

Property values rose by 0.2% month on month typically in June, marking the first monthly increase since February, Lloyds said.