House Prices Up 2.2% Over 12 Months But Market Stalls In June As Confidence Crumbles

Annual house price growth reached 2.2% over the last 12 months, though the market experienced a notable plateau in June. This stagnation is largely attributed to a decline in consumer confidence, which has begun to impact buyer activity and market momentum. For the Real Estate & Property sector, these figures signal a transition from steady growth to a more cautious environment as economic uncertainty influences purchasing decisions.