UK house prices rise for fifth straight month but market ‘softening’
by Mark Sweney from World news | The Guardian on (#6TYW9)
Increase in January of 0.1% on previous month but annual rate slows to 4.1%, says Nationwide
House prices rose for a fifth consecutive month in January, but the annual rate of growth slowed as the UK property market showed signs of softening", according to Nationwide.
The building society's monthly tracker found that prices in January rose 0.1% on the previous month, with the cost of an average home at 268,213, down on the 0.7% monthly increase recorded in December and 1.2% rise in November.
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