UK house prices 'see modest rise'
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UK house prices rose by 0.8% in January,  the Halifax says, but the annual rate of increase falls to its lowest rate since December 2001.
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UK house prices grew by 0.1% in August, the slowest monthly increase for almost three years, the Nationwide building society says.
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Annual house price inflation in the UK  has picked up - hitting 6% in July - according to government figures.
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The pound was little changed after data showing that producers are passing on price increases and that house prices are rising.
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Average U.S. home prices rose 0.5  percent in the first quarter from the prior quarter and 4.3  percent from a year earlier, but price appreciation was the  slowest in a decade, the U.S. Office of Federal Housing  Enterprise Oversight reported Thursday.
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UK house prices rebounded in January after falling the previous month, suggesting a five-year housing boom may be ending without a slump, the nation's third-biggest mortgage lender said.
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House prices rose by 0.3% in January, the Nationwide says, their slowest pace for eight months.
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UK house prices unexpectedly rose in November at the fastest pace since July, reinforcing expectations real estate values will level out, avoiding a collapse from records, according to Nationwide Building Society.
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House prices in the UK fell slightly in October says the Department for Communities & Local Government.
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Sterling picked up slightly from earlier levels but remained on the weak side, with analysts now confident that the Bank of England's Monetary Policy Committee will not raise interest rates when it meets next week.
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House prices rose by 0.2 per cent in September but the market remains subdued, says the Nationwide... September&#39;s rise follows August&#39;s modest 0.1 per cent increase, but annual house price inflation over the
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UK retail sales rose slightly more than expected last month, as higher interest rates fail to bite, official figures show.
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Average house prices rose 3.2 percent in the second quarter from a year ago, representing the slowest appreciation in a decade, the Office of Federal Housing Enterprise Oversight said on Thursday.
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Sterling was slightly firmer against the dollar after strong housing mortgage and money supply data fuelled speculation that the Bank of England (BoE) will be forced to hike its key borrowing rate.
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A gauge of future economic activity rose modestly in January, an industry-backed trade group said Wednesday, suggesting the U.S. economy will continue to post modest gains in the coming months.
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House prices across the UK will come to a virtual standstill in 2005, the Nationwide Building Society predicted today. The lender said that property prices in Britain look set to rise by just 2% across the year, compared to a rise of 13% in 2004.
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Sterling continued to post very moderate rises after being largely in the doldrums lately due to a recent spate of weak data confirming that the housing market is cooling while high street spending continues to slip.