Nationwide’s latest house price index shows prices rising by 0.5% in May, taking the average value of a home to £169,162.The increase leaves prices just 9.5% below their 2007 market peak, although the annual rate of inflation slipped back to 9.8% in May, down from 10.5% a month earlier.Meanwhile, the more reliable three-monthly-on-three month rate [...]
House price rises slow in May
