House prices remain stable in June, Halifax HPI shows

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Market subdued but overall activity recovering

Average house prices in the UK remained roughly stable in June, according to Halifax.

The bank’s latest house price index recorded a slight monthly drop of 0.2% and a quarterly drop of 0.5%, bringing the average price of a UK home to £288,455.

The annual rate of house price growth stood at 1.6%, unchanged from last month.

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