The average British house price fell 0.6% in June to £166,203 ($252,246), mortgage lender Halifax reported Thursday. That left the average price up 6.3% compared to June 2009. House prices fell 0.5% in May for a year-on-year rise of 6.9%. “An increase in the number of properties available for sale in recent months has helped to reduce the imbalance, relieving the upward pressure on prices,” said Martin Ellis, housing economist at Halifax.
UK house prices down 0.6% in June, says Halifax
Most Popular Articles
Latest Articles
The best real estate podcasts for agents and brokers in 2024
The best real estate podcasts to motivate, inspire, entertain and enlighten you this year.
-
Home sellers saw their profits shrink in the first quarter: Attom
-
If reelected, Trump could seek greater control over Federal Reserve
-
Acra CEO Keith Lind on staying the course amid choppy waters in non-QM
-
HUD walks back some proposed changes to HECM for Purchase program
-
Retirement confidence hasn’t fully recovered, but survey shows hope for future prospects