Sold signs are seen in front of houses in an undated file photo. RETUERS/File
LONDON - House prices in England and Wales fell 15.9 percent on the year in May, the Land Registry said on Friday.
The average house price in May stood at 152,497 pounds, down 0.2 percent on the month, the government agency said.
The Land Registry figures are based on sale completions and therefore lag surveys by mortgage lenders.


Shares in British banks rose on the FTSE 100 in morning trading following positive news on the Greek debt crisis.
Unite, the union, has gone to international unions, in its attempts to bring the...

