Asking prices for UK homes show record rise, as demand exceeds supply
Asking prices for homes coming on to the market in Britain rose by a record 2.3% in February, according to the property website Rightmove. The listing site said it was the biggest monthly increase in the 20 years it has kept records and meant the average advertised cost of a home was up by £7,785, to £348,804. Over the past 12 months, asking prices have gone up by 9.5%. While the number of new property listings increased by 11% during the month, the number of people looking to ...
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