Average UK house prices hit a new record high in June

The average UK house price hit a new record high in June but there are “tentative signs of a slowdown”, according to an index.

Prices were up by 10.7% in June, slowing from 11.2% in May, Nationwide Building Society said.

Across the UK, the average house price in June was £271,613, up by 0.3% month on month.

Real Estate Credit Investments Limited (LON:RECI) is a closed-ended investment company which originates and invests in real estate debt secured by commercial or residential properties in Western Europe, focusing primarily on the United Kingdom, France and Germany.

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