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House prices fall
House prices fell by 0.2 per cent in January compared with the previous month, according to the Nationwide.
The building society, the first to report on January’s prices, valued the average home at £162,228.
The annual rate of house price growth slowed to 0.6 per cent in January, from one per cent in December, according to the figures
It repeated its outlook that prices would move sideways or modestly lower in the coming months.