- Falls 0.1 % m/m (prior -0.1%)
- Falls 0.5% y/y (prior-0.5%)
U.K. house prices fell for a second month as demand declined amid a “fragile” market. Supply-demand balance weakens, Hometrack expects to see slow downward pressure on prices over the remainder of 2012.
bbg
GBP/USD unchanged at 1.5815/18.
