ENGLAND/WALES HOUSE PRICE GROWTH MODERATES IN FEBRUARY

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LONDON (Alliance News) – England/Wales house prices grew at a slower pace in February, data from Land Registry showed Wednesday.

House prices increased 6.1% year-on-year in February, slower than January’s 6.5% growth.

Month-on-month, house prices fell 0.2%, reversing a 2% rise in January. The average house price was GBP 190,275.

The February data for London showed a monthly increase of 0.6%. At 13.5%, the annual change for London was considerably higher than most other regions.

Copyright RTT News/dpa-AFX

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