India, July 31 -- UK house prices grew at a slower pace in July as geopolitical tensions and fears of interest rate hikes weighed on property demand, data from mortgage lender Nationwide Building Society revealed Friday.
House prices registered an annual increase of 1.8 percent after rising 2.2 percent in June. Prices were expected to grow 1.9 percent.
On a monthly basis, house prices edged up 0.1 percent, as expected, following a nil growth in June.
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