British house price growth slows to 2.2 per cent in June

British annual house prices rose by less than expected in June, but softening expectations for interest rate hikes ​by the Bank of England are likely to improve affordability, according to mortgage lender ‌Nationwide.

House prices rose by an annual 2.2 per cent in June, below a 2.4 per cent rise forecast in a Reuters poll of economists. Prices were flat month-on-month, as expected, after a surprise ​0.6 per cent fall in May....