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Halifax sees house prices 'easing'

The increase in house prices may have started to ease, according to the Halifax, the nation's largest mortgage lender.

House prices edged up by 0.8% in August, according to the UK's biggest building society, the Nationwide.

Prices for US houses rose more slowly in June than in May, continuing a long-term decrease in the pace of growth.

Houses in the Cotswolds are less affordable than those in London when wages are taken into account, pricing out some locals.

Annual house price inflation was 10.2% in June, compared with 10.4% in May, according to the Office for National Statistics.

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