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U.K. home prices fall for second month on subdued demand, weak confidence

Posted on 27 June 2011

U.K. house prices fell for a second month in June as the growth in the supply of properties for sale outpaced demand, Hometrack Ltd. said.
The average cost of a home slipped 0.1 percent from May, the London-based property researcher said in an e-mailed report today. From a year earlier, values were down 3.9 percent. In London, prices increased 0.2 percent on the month……………………………………….Full Article: Source

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