London (AFP) - house prices UK increased by 1.2% in June to the level in may, a major home-loan provider data showed on Wednesday.
However they declined by 3.5% in June compared with 12 months earlier, according to figures from the mortgage lender Halifax.
"Low interest rates, the increase in the number of persons in employment and some tightening of the conditions of the market earlier this year are likely to have been the main factors behind the recent improvement in price trends", Halifax housing Economist Martin Ellis said in a statement.
"However, the market is likely to continue to address significant turbulence which should limit the demand for housing." Growth of low income, higher taxes and a relatively high inflation continue to put pressure on household finances, "he added in a statement."
Halifax, which is part of the Group of banks Lloyds rescued by the State, said that the average home in Britain price amounted to £ 163,049 ($261,147, 181,733 euros) in June.
The Bank of England should keep interest rates at a record low of 0.50% Thursday and maintain the status quo in the year next due to the recovery of flagging of Great Britain, economists.
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