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Slower UK house price growth in January

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Published Wed, Jan 27, 2016 · 09:50 PM

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London

BRITISH house prices rose at a slower pace than expected in January, although momentum in the housing market looks set to pick up through 2016 as a whole, mortgage lender Nationwide said on Wednesday.

House price growth cooled to 0.3 per cent month-on-month from December's eight-month high of 0.8 per cent, falling short of Reuters poll expectations for an increase of 0.6 per cent.

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