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UK annual house price rise slows to 10.5%


© Reuters. FILEPHOTO: An individual jogs by a row residential housing in south London on August 6, 2021. REUTERS/Henry Nicholls

LONDON, (Reuters) – The annual rate of British house price growths slowed to 10.5% from 10.8% in April according to monthly Halifax figures.

The prices increased for 11 consecutive months, rising by 1.0% in May following a 1.2% April increase.