Goodhart Says a U.K. Home Is a Good Buy If You Can Afford It

Goodhart Says a U.K. Home Is a Good Buy If You Can Afford It

Matthew Lloyd/Bloomberg

House prices dropped 0.6 percent from May, when they rose 0.2 percent, Swindon, England-based Nationwide said in an e-mailed report today. From a year ago, prices fell 1.5 percent in June to an average 165,738 pounds ($258,000). That’s the biggest annual drop since August 2009.