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Birmingham Post
Birmingham Post
Business
Hannah Baker

House price growth slows but demand remains above pre-Covid levels

Annual UK house price growth slowed in April but activity remained above pre-Covid levels, latest data from Nationwide shows.

The Swindon-headquartered building society said growth slowed to 12.1% in the month - down from 14.3% in March - but prices were up 0.3% month-on-month after taking account of seasonal effects.

It is the eleventh time in the past year that annual growth rates have been in double digits.

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