UK house prices rise 6.3% in 12 months to January - ONS

Rows of houses lie in front of the Canary Wharf skyline in London
Rows of houses lie in front of the Canary Wharf skyline in London, Britain, March 19, 2023. REUTERS/Henry Nicholls

LONDON, March 22 (Reuters) - British house prices rose by 6.3% in January from the same month in 2022, the Office for National Statistics (ONS) said on Wednesday.

The rise was smaller than December's downwardly revised 9.3% increase.

London saw the weakest annual price rise of all English regions, with prices in the capital up 3.2%, the ONS said.

Reporting by Suban Abdulla

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