UK House Prices Unexpectedly Fall In July

British house prices unexpectedly dropped for a second month in a row in July, figures from mortgage lender Halifax show, adding to signs that households are growing warier of making major financial decisions ahead of Brexit. Halifax said house prices fell 0.2% on the month, compared with economists’ forecasts in a Reuters poll for a 0.3% rise, while the annual growth rate for the three months to July dropped to 4.1% from 5.7%, also a sharper decline than expected. Read more on the Reuters website.

https://uk.reuters.com/article/uk-britain-economy-houseprices/uk-house-prices-unexpectedly-fall-in-july-halifax-idUKKCN1UX0Q3