House price inflation fell back slightly in June according to official figures released by the government.
The Department for Communities and Local Government says the average house price in June stood at £190,883, up from £190,065 in May representing a 0.4% rise in house price inflation on a month by month basis.
But in terms of the annual increase, house price inflation actually fell back to 5.2% from 5.6% the month earlier.
In certain areas the fall in annual house price inflation was more pronounced, such as in London where it fell back from 7% in May to 5.8% in June. And on a regional basis England saw house price inflation fall from 5.1% In May to 4.6 in June. Overall house price inflation fell in seven out of the nine English regions while Scotland saw the annual rate of inflation fall from 9.7% to 8.5%.
In Northern Ireland house prices rose but by far less than in previous months with Northern Ireland recording a rise in annual house price inflation of 0.5% - from 18% in May to 18.5% in June.
Wales on the other hand bucked the trend with the rate of annual house price growth jumping from 4.8% in May to 8.2% the following month.
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