IPD UK monthly index falls further in June

All property total returns for the IPD's UK Monthly Property Index fell by -1.5% in June , more than twice as much as in May when all property total returns slid -0.7%. The decline in capital growth increased markedly to -2.0% from -1.2% in May, with the pace of re-pricing resuming a speed not seen since January of this year. Income return remained largely unchanged at 0.5% month-oin-month. Nevertheless, All Property rental growth remained in negative territory for the second consecutive month at -0.04% month-on-month.

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