PRESS DIGEST - Financial Times - Feb 1


HOUSE PRICE INFLATION LOWEST IN TWO YEARS According to the Nationwide, house prices in January fell for a third consecutive month, taking annual house price inflation to its lowest in two years. The mortgage lender reported a drop of 0.1 percent in prices which was less than analysts expected but taking annual growth to 4.2 percent. The data showed that the housing market remained subdued at the start of the year, a time when it is normally expected to pick up. Gloom on house prices ...

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