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U.K. House Prices Slip Most Since April as Boom Loses Steam
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U.K. house prices declined in January as the market appeared to lose momentum following a stimulus-fueled surge last year.
Prices fell 0.3% from a month earlier, the biggest drop since April, to an average 251,968 pounds ($345,000), mortgage lender Halifax said Friday. Values rose 5.4% from a year ago.