UK house prices rise by smallest annual rate since 2012 – ONS

LONDON (Reuters) – British house prices rose by 0.2% in annual terms in August, the smallest such increase since April 2012, official data showed on Wednesday.

It followed a 0.7% annual increase in July, the Office for National Statistics said.

House prices increased by a seasonally-adjusted 0.2% on the month in August, partially reversing a 0.3% drop in July.

(Reporting by Andy Bruce; Editing by Sachin Ravikumar)

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