House prices in the United Kingdom showed no variations at the start of the year after falling in the previous four months, and are likely to witness a sluggish housing market throughout this year amid the rising cost of living and higher interest rates, survey data from the Lloyds Bank subsidiary Halifax and S&P Global showed on Tuesday.
The house price index registered no change over the month, following a 1.3 percent decrease in the prior month. Economists had forecast a 0.8 percent fall.
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