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The Guardian - UK
The Guardian - UK
Business
Mark Sweney

UK house prices rebound as market recovers from June dip

Nationwide United Kingdom
Colourful houses in Wales
Nationwide says buying a property is now the most affordable it has been in more than a decade, although still almost six times the average UK wage. Photograph: iWebbtravel/Alamy

House prices in the UK returned to growth last month, as the market recovered from a dip in June after the end of a tax break on stamp duty.

The average price of a home rose 0.6% in July to £272,664, following the biggest month-on-month fall in more than two years in June, according to Nationwide.

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