British house prices surge by just 0.1 pct in annual terms in January

British house prices rose by just 0.1 percent in annual terms in January, adding to signs of a slowdown in the country's housing market ahead of Brexit, data from mortgage lender Nationwide showed on Thursday. In monthly terms, prices rose by 0.3 percent, Nationwide said. Economists who took part in a Reuters poll of economists had expected prices to be flat when compared with January last year and to rise by 0.2 percent in monthly terms.