It's a modest monthly rise of 0.1% in June, according to Nationwide, leaving the annual rate of house price inflation down at 8.7% in June (down from 9.8% a month ago). By itself, there's not enough science here to confidently talk of trends, but taking other recent data into account, it's probably not premature to at least talk about a slowing in house price growth. Recent gains have all come with the proviso that this still wasn't a healthy market, and it was a lack of supply, rather than a surplus of interest, propping up prices. That appears to be changing.

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