Inflation & Prices
UK House Prices Little Changed for Third Month, Halifax Says
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UK house prices remained little changed for a third month in signs the market is stabilizing in face of elevated borrowing costs, according to one of the top mortgage lenders.
Halifax said a typical UK home was priced at £288,455 ($368,520) in June, down 0.2% from a month ago. It followed two months of no change and was a touch weaker than data earlier in the week from Nationwide Building Society, which saw an 0.2% increase in June.