According to the Nationwide the average house price is up 0.9% and leaving it just 9.3% down on June 2008 However they throw in a curve ball by pointing out that the current stabalisation of prices comes at a time of extremely constricted supply.
– House prices rose by 0.9% in June
– Three month rate of change turns positive for first time since December 2007
– Low supply supporting prices for now, but a sustained recovery still faces risks
Source: Nationwide
