/UK Latest: House Prices Fall Most in Over a Decade

UK Latest: House Prices Fall Most in Over a Decade

UK house prices are falling at their fastest annual pace since 2011, Halifax said, as the property market buckles in the face of rising borrowing costs. The average cost of a home declined 2.6% in June from a year earlier to £285,932 ($364,320), the mortgage lender said in a statement Friday. Kristine Aquino reports on Bloomberg Television.
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