Annual house price growth slows in April | Business News

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Annual house price growth slowed slightly in April, according to new figures from Nationwide Building Society.

The 12.1% growth rate marked the 11th consecutive month that annual house price growth remained in double digits, although it was down slightly from the 14.3% growth seen in March.

Property values increased by 0.3% month-on-month, meaning that the average house price in the UK during April was £267,620.

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