New Paisa Blog » Real Estate http://www.newpaisa.com Indian Stock Market blog Fri, 03 Sep 2010 09:14:34 +0000 en hourly 1 http://wordpress.org/?v=3.0.1 UK House prices fell 0.5% in June http://www.newpaisa.com/uk-house-prices-fell-0-5-in-june/10541 http://www.newpaisa.com/uk-house-prices-fell-0-5-in-june/10541#comments Fri, 10 Jul 2009 09:20:17 +0000 webmaster http://www.newpaisa.com/?p=541 UK House prices fell 0.5% in June
According to the latest property survey from the Halifax property prices had dropped by 0.5% last month, partly reversing a large 2.6% rise in May.

Despite June’s decrease in house prices, the annual rate of decline eased from 16.3% to 15% last month.The average UK property now costs £157,715, according to the Halifax.

The Halifax said there was evidence the property market was stabilising after the sharp slump in sales and prices seen since the middle of 2007.

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