UK Property Asking Prices Rise at Fastest Pace in 10 Months
(Bloomberg) -- Britain’s property sellers boosted the prices they’re asking for homes at the quickest pace in 10 months, indicating increasing confidence the market is strengthening, according to the online sales portal Rightmove. The average asking price of homes coming onto the market rose to £368,118 ($469,110) in March, up by 1.5% from the previous month. Buyers flocked back after the cooling in mortgage rates from their peak last summer. Rightmove said prices rose 0.8% from a year ago. The report added to evidence showing a thawing in Britain’s housing...
