UK house prices fall for second monthStaff Writer |
Britain On a quarterly basis, house prices remained flat
UK house prices decreased for the second straight month in January, data from the Lloyds bank subsidiary Halifax and IHS Markit showed.
In three months to January, house prices grew at a slower pace of 2.2 percent from the previous year, slower than the 2.7 percent increase logged in three months to December. Economists had forecast the rate to slow moderately to 2.4 percent.
On a quarterly basis, house prices remained flat after gaining 1.3 percent in three months ended December. ■
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