UK house prices fall for 1st time since 2012: Halifax

LONDON, June 7 (Xinhua) -- The average property price in the United Kingdom (UK) fell 1.0 percent in May compared with the same period last year, the first annual decline since 2012, mortgage lender Halifax said on Wednesday.

Month on month, UK house prices remained flat in May, with the average UK property now costing 286,532 British pounds (357,000 U.S. dollars). Property prices have fallen by about 3,000 poun