LONDON, Feb 15 (Reuters) - British house prices rose by
9.8% year-on-year in December compared with the same month in
2021, the office for National statistics (ONS) said on
Wednesday.
The increase was lower than November's revised 10.6% rise.
Other measures of the housing market have also pointed to a
cooling of demand and prices.
A Reuters poll of economists in November forecast house
prices would fall by 5% this year, while analysts at Japanese
bank Nomura expect a 15% drop by mid-2024.
(Reporting by Suban Abdulla, Editing by Paul Sandle)
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