British annual house prices rose by less than expected in June, but softening expectations for interest rate hikes by the Bank of England are likely to improve affordability, according to mortgage lender Nationwide.
House prices rose by an annual 2.2 per cent in June, below a 2.4 per cent rise forecast in a Reuters poll of economists. Prices were flat month-on-month, as expected, after a surprise 0.6 per cent fall
