‘Slowdown’ signaled with weakest house price growth since 2019

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Zoopla says month-on-month growth of just 0.1% is lowest figure since before the pandemic

House prices grew by just 0.1% in the last month in the latest sign of the post-pandemic market finally slowing down, according to figures from online property portal Zoopla.

The firm said rise meant that annual price increases at the firm had fallen back to 8.4%, and it now expect prices to show an annual rise of just 3% across 2022 as a whole. The month-on-month rise of 0.1% is the lowest rise since December 2019, prior to the pandemic.

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