UK house prices rose 0.6% in July, according to the latest report from the Halifax.

House prices have been fairly stable in 2010 but values have changed little since the start of the year. The average property in the UK now costs £167,425.

"The increase in the number of properties for sale over the past few months, boosted by the recent abolition of home information packs, has relieved much of the pressure that was driving up prices in 2009," said Martin Ellis of the Halifax.