Is Brexit Behind the Fall in U.K. House Prices?
U.K. house-prices fell for a second month in August, as high prices curbed demand and sales activity softened, Halifax said. Prices slipped 0.2 percent, after dropping 1.1 percent in July, the mortgage lender said in a statement on Wednesday. In the three months through August, values grew 0.7 percent, the slowest quarterly pace since December 2014. From a year earlier, values increased 4.1 percent to an average 213,930 pounds ($286,923), while the three-month annual rate of growth slowed to the least since 2013. Lloyds Head of Housing Economics Martin Ellis discusses with "On the Move" hosts Guy Johnson in London and Caroline Hyde in Berlin.