UK house prices fall by least in eight months

British house prices fell by the least in eight months in February when they edged down by 0.2 per cent on an annual basis after a revised 1.3 per cent decrease in January, the Office for National Statistics said on Wednesday.

The ONS also said its gauge of private rents rose by 9.2 per cent in the year to March – the biggest increase since records started in 2015 and up from 9.0 per cent in the 12 months to February.

Other measures of Britain’s housing market have shown a recovery...