House prices rise for first time in months – but will it continue?

• UK house prices recorded their first month-on-month increase in four months during June, rising by 0.2 per cent.
• The average property value now stands at £299,330, with annual house price growth accelerating to 0.6 per cent.
• Lloyds, which now publishes the long-running house price index, reported these figures.
• This modest increase reflects wider economic uncertainty but also easing mortgage rates, offering some encouragement to buyers.
• Experts anticipate the housing market will continue at a measured pace, supported by lower borrowing costs but constrained by affordability issues.

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