House prices fall in July |
Halifax have just released new figures for July, showing that average house prices dropped by 0.6% to just over £161,000. Since this followed 2 months of small increases though, the drop merely took prices back to where they were at the start of May.
They also showed that house prices are now roughly where they were in the summer of 2009. The situation may be gradually improving though, with the number of sales in the first six months of this year, being 10% higher than the same period last year.
