House prices are "slowing down" - Nationwide

House prices are continuing to slow down as price growth in London remains slack. Figures released today by Nationwide show that the slowing down of the housing market is continuing with prices up 0.9% in June compared with the average of 1.1% over the previous three months. Nationwide' survey also predicts that UK price growth will remain unchanged at 10% for the rest of the year. Last month saw a decline of 0.5% in price growth compared with previous month. And annual house price inflation also slowed to 19% - a 2.1% drop compared with May. This could mai...