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UK home prices rise at slowest annual pace in 14 months

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The average house price in Britain was £188,446 in January, according to Nationwide Building Society. The gain in value fell to 6.8 per cent from 7.2 per cent in December.

London

HOME prices in the UK increased at their slowest annual pace in 14 months in January as housing transactions and demand cooled.

The gain in value dropped to 6.8 per cent from 7.2 per cent in December. It was the lowest rate since November 2013 and the fifth consecutive

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