UK property prices down 0.3% in June, says latest lender index

Residential property prices fell by 0.3% in June to an average of 237,110 with the market described as stable, according to the latest lender index. The figures from the Halifax also show that prices re 5.7% higher than a year ago but managing director Russell Galley pointed out that this figure needs to be seen against the backdrop of particularly low growth in the corresponding period in 2018 which has had an impact on year on year comparisons.

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