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Evening Standard

World

Jonathan Prynn

London property market slowing less rapidly than rest of UK says Nationwide

Nationwide London United Kingdom

London property market is showing signs of resilience
(Picture: Daniel Lynch)

London’s property market is slowing less sharply than the rest of the UK as higher mortgage rates take their toll on prices across the country, new figures reveal today.

Latest data from leading lender Nationwide shows that the annual rate of house price growth across the UK slumped from 4.4 per cent in November to just 2.8 per cent in December.

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