U.K. House Prices Fall to Lowest in Six Months on Concerns About Economy - Bloomberg
U.K. house prices fell to their lowest level in six months in January as concern increased about the outlook for the economy and the euro-area debt crisis, Acadametrics Ltd. and LSL Property Services Plc said.
The average price of a home in England and Wales fell 0.2 percent from December to 218,992 pounds ($346,840), the groups said in an e-mailed report in London. From a year earlier values fell 1.4 percent, the quickest pace since September.