Average house price continues to rise – but at a slowing rate
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The average house price continued to rise in March – but at a slower rate than the previous month, according to a closely-watched index.
The Halifax House Price Index shows that average prices rose by 0.8% in March – following a 1.2% rise in February, with the typical UK property now costing £287,880.
The annual rate of house price growth slowed to 1.6%, compared to the 2.1% seen in the past three months.
