UK house price growth slowing
04/02/2010 - 09:33:20House prices in Britain rose for the seventh month in a row during January but the rate at which they are increasing slowed, figures showed today.
The average cost of a UK home climbed by 0.6% during the month to £169,777 (€194,650), Halifax said – 9.9% higher than when prices hit their trough in April last year.
But the increase was the lowest in the past six months, when monthly gains have averaged 1.1%, building on previous evidence that the recent strong recovery may be running out of steam.
