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U.K. House Prices Fall as Halifax Sees Stagnant Market: Economy

U.K. house prices fell in July for the first time in three months, according to mortgage lender Halifax, adding to signs of weakness in the property market.

Values dropped 0.6 percent from the previous month, when they rose 0.8 percent, the mortgage unit of Lloyds Banking Group Plc said in a statement in London today. In the quarter through July, values were unchanged compared with the previous three months, and now average 161,094 pounds ($251,500).