Annual UK house price growth was broadly stable at +2.9 per cent according to Nationwide.
The average UK house price increased by +0.3 per cent in the month of July to £211,671.
Although price growth has steadied, Nationwide reported that stock on agents' books was close to 30 year lows.
The Nationwide index hit its nadir of £147,746 in February 2009.
Since that time the average house price on this index has increased by £63,935 or +43 per cent.
