U.K. house prices increased in July as record-low borrowing costs helped support demand for residential property.
Prices rose 0.3 percent from the previous month, the mortgage unit of Lloyds Banking Group Plc (LLOY) said in a statement in London today. From a year earlier, prices fell 2.6 percent to an average 163,981 pounds ($267,000)………………………………………Full Article: Source