U.K. House Prices Fell Most in Four Months in June

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U.K. house prices fell the most in four months in June as an increase in supply countered demand pressures, Halifax said.

Prices fell 0.6 percent in June after a revised 0.5 percent decline in May, the mortgage lending division of Lloyds Banking Group Plc said in an e-mailed statement today in London. Economists had forecast a 0.2 percent gain, according to the median of eight forecasts in a Bloomberg News survey.