Annual house price growth slows to a near halt, says Halifax

house prices

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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