India, July 7 -- UK house prices remained flat in June after falling last month as more first-time buyers returned to the market, data from the mortgage lender Halifax showed on Monday.
House prices stagnated on a monthly basis, reversing May's 0.3 percent decrease. Prices were forecast to fall 0.1 percent.
At the same time, annual growth in house prices softened to 2.5 percent from 2.6 percent in the preceding period.
"The market's resilience continues to stand out and, after a brief slowdown following the spring stamp duty changes, mortgage approvals and property transactions have both picked up, with more buyers returning to the market," Halifax Head of Mortgages Amanda Bryden said.
Rising wages and stabilizing interest rates in rece...