U.K. House Prices Fall for Second Month as Market Treads Water

Lock
This article is for subscribers only.

U.K. house prices fell for a second month in August and will probably remain little changed into 2013, according to Halifax.

Values fell 0.4 percent from the previous month to an average 160,256 pounds ($255,000), the mortgage unit of Lloyds Banking Group Plc said in a statement in London today. From a year earlier, values were down 1.1 percent.