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Trusted media brand of the Chartered Institute of Housing
Prices rise by lowest figure in a decade, but quarterly figures give grounds for optimism
-Annual house price growth has slowed to a near halt, according to Halifax’s latest house price index.
Figures from the lender show house prices rose by just 0.1% in April compared to the same period last year.
This is the slowest annual growth since December 2012. Annual growth has fallen repeatedly from double digits last summer to 4.6% in November, 2.1% in February and 1.6% in March.
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