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According to the lender's latest property survey, the average home is now valued at £157,715.
The fall comes after a 2.6 per cent rise was seen in May and means prices have now dropped 1.9 per cent over the past three months.
This, Halifax chief economist Martin Ellis said, is "evidence that the underlying pace of house price decline is easing".
He noted that there are "further indications of a modest improvement in sales activity, albeit at a very low level", adding that low interest rates and an increase in affordability have helped boost demand, along with a relatively low level of property availability.
The figures contrast with those released by Nationwide recently, which suggested that prices rose 0.9 per cent in June and have climbed for three of the past four months, making values six per cent higher than they were in February.
