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House prices 'rebounded in April'

UK house prices picked up in April following a fall in values the previous month, according to the country's biggest mortgage lender.

The Halifax, part of Lloyds Banking Group, said property values rose by 1.1% in April compared with March when prices fell 1.25%.

The annual rate of growth almost doubled with house prices up 5% compared to a year earlier when house prices dropped.

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BBC News

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