House prices rose in May by just 0.3% to stand at an average of £166,022, up from April’s figure of £164,134.
Nationwide, whose house price index shares an anniversary with the Queen as it marks its 60th year, says that house prices are now 0.7% lower than a year ago.
However, they are quite a lot higher than when Nationwide first reported in 1952, when they stood at £1,891.
See what else has changed in the last 60 years in our next story.
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