Mar
20

U.K. House Prices Rise in March as Regions Outpace London

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  • Average asking price for homes now above 300,000 pounds
  • London prices stall as top boroughs see `readjustment’

U.K. house prices rose 1.3 percent in March, pushing the average above 300,000 pounds ($435,000) for the first time, according to Rightmove Plc.

Average asking prices increased 7.6 percent compared with a year earlier, the property-website operator said on Monday. That takes the increase over the past 10 years to 50 percent, more than twice the pace of earnings growth, according to Rightmove…

U.K. House Prices Rise in March as Regions Outpace London

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