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.

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Here's where the real housing affordability crisis exists

Some housing pundits report the demand for housing is strong, while these same pundits, on another day say that we are in a housing affordability crisis. Can the two narratives be accurate at the same time?

Feb 17, 2020 By
3d rendering of a row of luxury townhouses along a street

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