The Trader 

Market Outlook: London and South East house prices fall

The Trader

Tuesday’s good news on UK jobs and wages has been dented this morning by more data from the ONS, this time on the lack of growth in house prices – as inflation is running at 1.9 per cent. Across the country house prices rose just 0.6 per cent to £226,000 in the year to February – the slowest pace September 2012. The south east saw a fall to £316,000, the first drop since 2011. London prices dropped 3.8 per cent, building on January’s 2.2 per cent fall, to £460,000.

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