House price growth 'halved'

Updated
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PA

%VIRTUAL-SkimlinksPromo%The monthly rate of house price growth across England and Wales has halved since April as widespread talk of a possible bubble has injected more caution into home buyers' behaviour, property analyst Hometrack has reported.

Prices rose by 0.3% month-on-month in June, edging down from a 0.5% monthly increase in May and a 0.6% uplift in April, and Hometrack said it expected the rate of growth to continue to slow.

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