UK house prices unexpectedly fall in July

07 Aug, 2019

Halifax said house prices fell 0.2% on the month, compared with economists' forecasts in a Reuters poll for a 0.3% rise, while the annual growth rate dropped to 4.1% from 5.7%.

Halifax's annual growth rates remain elevated compared with other measures of British house prices -- which point to a broadly flat picture -- and Halifax said its annual figures were boosted by weak prices a year earlier.

Copyright Reuters, 2019

Read Comments