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Trusted media brand of the Chartered Institute of Housing
Trusted media brand of the Chartered Institute of Housing
Rise of 0.8% in property prices below March average as year-on-year increase drops sharply
The average price of a property in the UK rose 0.8% between February and March, according to Rightmove, helped by the sales of homes typically sold to first-time buyers.
However, the online property portal said this is below the average 1% inflation seen in March in the last 20 years, and it saw annual house price growth fall to 3% this month, from 3.9% in February.
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