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House prices increase 0.3% in February

Prices increase 0.3% in February

House prices increased 0.3% in February, the Nationwide House Price Index shows.


But prices still fell 0.1% compared to February 2010 with the average price now standing at £161,183.

Robert Gardner, chief economist at Nationwide, says the housing market treading water with the three month trend showing a 0.1% fall.

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