House prices increased 0.6% in January, according to the latest Halifax House Price Index.
Prices rose for the seventh consecutive month, but January's rise was the lowest during this period and was significantly below the 1.1% average over the previous six months.
Prices have risen by 9.9% since reaching a low in April 2009; an increase in the average price of £15,287 over this period. This follows a decline of 23% between August 2007 and April 2009. The average house price is now £169,777.