Monday 28 January 2008

House prices up 2.3 percent

"House prices in England and Wales rose at the slowest annual pace since mid-2006 this month as the average time it takes to sell a property reached a seven-year high, a survey showed on Monday.

Housing market research company Hometrack said house prices rose 2.3 percent on a year ago in January, down from 3 percent in December and the weakest rate since June 2006..."

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