House prices grew at the slowest pace in six years in January, according to offical figures.
Average house prices in Britain rose by 1.7% to £232,000 in the year to January, slower than the 2.2% growth recorded last December, the Office for National Statistics said.
The fall was led by London, where prices dropped by 1.6%, worse than a fall of 0.7% in December. This was followed by the east of England, where prices dipped by 0.2% over the year, the region’s first annual decline since October 2011.
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