Nationwide said the outlook for the housing market remains ‘clouded’ reflecting broader economic uncertainty.
- The property market got off to a slow start in 2017 with housing prices edging ahead by just 0.2% in January.
- The increase left the typical UK home costing £205,240.
- The annual rate at which house prices are rising also eased slightly, dropping to 4.3%, compared with 4.5% in the year to the end of December.
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