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UK house price growth slows as buyers show caution before budget

Cost of a typical home fell £794 to £298,184 in September after 0.2% monthly rise in August, says Halifax

UK house prices rose by a slower-than-expected 1.3% in the year to September, according to Halifax, the weakest annual figure since April 2024.

The reading confounded a Reuters poll of economists that forecast it would pick up to 2.2% from August’s 2% rate, suggesting caution in the market in the run-up to the autumn budget.

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