UK house prices fall for first time in 13 months Halifax says

UK house prices fall for first time in 13 months Halifax says

Summary : High-rise apartments under construction can be seen in the distance behind a row of residential housing in south London, Britain, August 6, 2021. REUTERS/Henry Nicholls

LONDON, Aug 5 (Reuters) – House prices in Britain fell for the first time in more than a year in July when they edged down by 0.1% from June, figures from mortgage lender Halifax showed on Friday.

In annual terms, prices rose by 11.8% after a 12.5% increase in June.

High-rise apartments under construction can be seen in the distance behind a row of residential housing in south London, Britain, August 6, 2021. REUTERS/Henry NichollsLONDON, Aug 5 (Reuters) – House prices in Britain fell for the first time in more than a year in July when they edged down by 0.1% from June, figures from mortgage lender Halifax showed on Friday.

In annual terms, prices rose by 11.8% after a 12.5% increase in June.