U.K. Home Prices Little Changed as Economy Concerns Limit Demand
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U.K. house prices were little changed in March as uncertainty about the strength of the recovery and a squeeze on incomes from accelerating inflation deterred buyers.
Values rose 0.1 percent in March from February to 162,912 pounds ($266,426), Halifax, the mortgage unit of Lloyds Banking Group Plc said in a statement in London today. From a year earlier, prices were down 3.2 percent.