LONDON, April 19 (Reuters) - British house prices
increased by 5.5% in the 12 months to February, the Office for
National Statistics (ONS) said on Wednesday, slowing from
January’s upwardly revised 6.5% rise.
London was the region with the lowest annual growth, the ONS
said, with prices there up 2.9%.
More recent gauges of Britain’s housing market have shown a
mixed picture. Mortgage lender Nationwide last month reported a
3.1% fall in house prices in the year to March, while rival
Halifax said prices rose 1.6% in year-on-year terms.
(Reporting by Suban Abdulla, editing by Andy Bruce)
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