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HomeMore NewsProperty & MarketAfter a booming year, house price growth is set to slow

After a booming year, house price growth is set to slow

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LONDON (CU)_Over the past year, house prices in the United Kingdom have been booming, particularly as a result of the stamp duty holidays and increase in demand for bigger properties amid pandemic-induced lockdowns. However, property experts project a dramatic slowdown in Britain’s housing market in 2022, on account of several factors.

Most recent figures published by Nationwide Building Society showed that the annual price growth is currently running at…

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