June 5, 2020 / 7:39 AM / a month ago

UK m/m house prices fall for third month in May as COVID hits market-Halifax

LONDON, June 5 (Reuters) - British house prices fell for a third successive month in May as the coronavirus crisis hit the market, but the decline was less sharp than in April, mortgage lender Halifax said on Friday.

Prices fell by 0.2% in month-on-month terms, compared with a 0.6% fall in April from March.

Compared with May 2019, prices rose by 2.6%, a bit slower than April’s 2.7% annual rise, Halifax said. (Writing by William Schomberg; Editing by Kevin Liffey)

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