‘Cautious optimism’ about 2024 as house prices rise in January

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Latest inflation figure also lower than anticipated at 3.4%

House prices rose by 0.5% in January with the average property in the UK now costing £282,000, according to the latest figures from HM Land Registry. While prices were up on December, they fell by 0.6% nationwide year on year. 

The North-east experienced the most signficant monthly decrease, with a negative movement of 1.7%, while London saw the greatest monthly growth at 2.5%. 

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