House price inflation in Britain fell in June by 1 per cent while prices in Northern Ireland continued to surge, new data revealed today.
Official figures show that prices rose by 0.8 per cent between May and June, compared with the 1.8 per cent rise in the same period last year.
However, Northern Ireland continues to see house prices spiralling, with inflation rising from 9.3 per cent to 14.3 per cent in June. Scotland also saw a rise in annual inflation, with rates increasing from 11.8 per cent to 14.1 per cent.
But England and Wales saw a fall in annual inflation in June; in England, the rate of inflation declined from 5.3 per cent in May to 4 per cent in June, and inflation in Wales fell from 13.8 per cent to 10.8 per cent.
A house in Northern Ireland now costs an average of £126,795, lower than Scotland (£127,286) and Wales (£144,886). England topped the tables for house prices with property setting buyers back £193,165. The UK average is £184,152, up from £182,651.
