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UK house prices are rising but analysts warn 'the momentum cannot last'

Nationwide said the average UK house price rose 0.6% to £211,756 over January. Annual price growth was up to 3.2% from 2.6% in December 2017. Nationwide's chief economist said the acceleration in prices was "a little surprising" Economist Samuel Tombs said the data "is hard to reconcile with virtually all other timely indicators." LONDON — UK house prices ticked up in January according to mortgage lender Nationwide, but analysts warned the apparent momentum cannot last.
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