UK house prices falling for first time since June, says Halifax

Squeeze on real wages and economic uncertainty are continuing to put potential house buyers off, says lenderUK house prices fell unexpectedly in December, their first fall in six months, according to Halifax.The average price of a home fell by 0.6% to £225,021 in December, the mortgage lender said. The annual growth rate declined to 2.7% in the three months to December from 3.9% in the previous three months. Continue reading...