U.K. Home Prices Fall 0.1% in Downward Trend, Hometrack Says

U.K. house prices fell for a third month in July and are likely to continue on a “downward trend,” property researcher Hometrack Ltd. said.

The average cost of a home slipped 0.1 percent from June and was down 3.9 percent from a year earlier, the London-based firm said in an e-mailed report today. London prices increased