House prices were up 0.1% month-on-month.
House prices were up 0.1% month-on-month.
Sales saw a sharp 9% decline this month, with house price growth slowing to 1.3%.
Average house prices increased by 2.3% in England, 4.2% in Wales, and 4.4% in Scotland.
The average property in the UK has risen 15% in value over the past five years, but this differs dramatically per region, the latest data shows.
Political uncertainty is adding to the many distractions for summer buyers, Rightmove says.
First-time buyers face a £3,541 shortfall on their deposit following house price inflation, Moneybox reveals.
Momentum remains weak, though some indicators point to the recent downturn in activity easing.
Northern Ireland continues to record the UK’s strongest annual growth at 7.4%.
Northern Ireland remained best performing region, with prices up 8.6% year-on-year.
Higher mortgage rates and political uncertainty have shrunk the pool of committed home buyers, pushing sales agreed to 7% below last year.
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