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U.K. House Prices Fell in February as Market Softened Further

U.K. Housing Loses Momentum With Price Growth at 9-Month Low

Photographer: Simon Dawson/Bloomberg

U.K. house prices declined in February as Brexit and a weaker economic outlook reinforced a slowdown in the property market.

Values slipped 0.3 percent from January, Nationwide Building Society said on Thursday. The annual pace of gains fell to 2.2 percent from 3.2 percent, well below the rate of recent years.