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UK house prices see minimal rise in January

Published 31/01/2025, 08:28
UK house prices see minimal rise in January

Investing.com -- The UK housing market experienced a minimal increase at the beginning of the year, as reported by Nationwide Building Society (LON:NBS) on Friday.

This suggests that the property market could be feeling the effects of high borrowing costs.

In January, the average price of a home rose by 0.1% to £268,213 ($333,390), marking the slowest pace of growth since October.

The growth in January follows a 0.7% increase in December, leaving the prices 4.1% higher than they were a year earlier, according to the report published by the mortgage lender on Friday.

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