Slowdown in London Property pushes UK House-Price Growth Below 10%

Source: Bloomberg
House-price growth in England and Wales has showed stagnation and an increase of 0.4% in December. Taking into account the annual basis, house price sector growth weakened to 9.6% from 10.6%. The medium house price stopped at 278,997 pounds. According to the British Halifax, prices showed their lowest quarterly growth within the two years by the end of 2014.
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