UK house prices fall slightly for second month in a row

UK house prices fell marginally in April, down 0.23%, the second successive monthly price fall in a row and the third in the last six months, the latest Halifax index shows. But the Halifax index report points out that monthly movements can be volatile and the quarter on quarter change is a more reliable indicator of the underlying trend with prices up 2.3% in the last three months. This takes the average price to £177,648 and means that house price growth has now been steady in the range of 1....