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Housing Today
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House prices record largest annual drop since 2011, Halifax says
Prices have dipped year-on-year across the UK with the exception of the West Midlands, Yorkshire & Humberside and Northern Ireland
House prices fell slightly for the third month in a row, according to the latest figures from Halifax.
In June, the value of houses fell by 0.1% with a typical UK property now worth £285,932 compared to £293,992 last August.
This is an annual decline of 2.7%, the latest year-on-year drop in prices since June 2011.
The biggest decreases were recorded in the South of England where prices are down 3.0% average now £384,106), the largest drop since July 2011
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