2012-07-30bloomberg.com

U.K. house prices fell in July for the first time this year and may extend their decline as a deepening recession curbs demand for homes, Hometrack Ltd. said.

Values slipped 0.1 percent from June, when they stagnated, the London-based property-research company said in a report today. A measure of demand fell the most in six months. In London, the pace of home-price inflation slowed to 0.1 percent.



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