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UK house prices slip unexpectedly in June - Halifax
July 9, 2014 / 7:12 AM / 3 years ago

UK house prices slip unexpectedly in June - Halifax

LONDON, July 9 (Reuters) - British house prices slipped unexpectedly last month after rebounding in May, although on an annual basis price growth continued to quicken, a survey from mortgage lender Halifax showed on Wednesday.

House prices fell 0.6 percent in June compared with the month before, when prices rose 4.0 percent. That undercut expectations for a rise of 0.2 percent in a Reuters poll.

Halifax said house prices rose 8.8 percent in the three months to June compared with the same period a year ago, the second consecutive rise on an annual basis.

Reporting by Andy Bruce; Editing by Andrew Heavens

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