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
Indiana senator explains his inquiries into reverse mortgages
Sen. Mike Braun offered insights into his recent letter to Ginnie Mae and the potential need for more scrutiny of the HECM and HMBS programs.