Another surge in London helped to nudge house price inflation a little higher to 5.6% in June, according to the FT house price index.
Bucking the trend of a slowing market in other regions of England and Wales, the capitsl’s house prices rose by 10.3% over the 12 months to May.
Monthly increases in house prices across England and Wales had slowed to 0.3% in June from 0.4% and 0.5% in the previous two months.
References: Financial Times 08/07/06 page 5
