Economic Buzz: UK House Prices Grew At Slower Pace In June

UK house prices grew 2 percent year-on-year in June, following Mays 2.4 percent increase, data from Nationwide Building Society showed Wednesday. Nonetheless, the pace of increase was faster than the expected 1.7 percent. On a monthly basis, house prices rebounded 0.5 percent after falling 0.2 percent in May.