Global Economic News

UK House Prices Fall Further To Signal Resilience Amid Tough Economic Conditions

House prices in the United Kingdom fell for the fourth straight month in July, though slightly, and the housing market continued to display a degree of resilience in the face of tough economic headwinds, survey data from the Lloyds Bank subsidiary Halifax and S&P Global showed on Monday.

The house price index dropped 0.3 percent month-on-month in July, following a 0.1 percent fall in the prior month.

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by RTTNews Staff Writer

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