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.