House price growth slows in February ahead of stamp duty deadline, says Rightmove

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New sellers showing “pricing restraint” amid high competition

The average property price in England has risen by 0.5% in February since last month, standing at £367,994.

Property costs are ahead 1.4% compared to this time last year, with a 15% increase in the number of sales agreed ahead of March 31, when first time buyers will no longer benefit from a nil stamp duty rate.

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