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Strong monthly growth in asking prices

UK house prices rose 1.3% in March, figures from Rightmove show, the second highest increase for a March since it first compiled the data in 2007.

The increase is an indicator of continuing resilience, Rightmove said. Rightmove director Miles Shipside said the rise – well above the recent March average of 0.9% – indicates a shortage of suitable properties for sale in many parts of the country.

On the year, however, asking prices rose by 2.3%, unchanged from the previous month and the joint smallest increase since April 2013.

Click here for the full Times article (£)

Click here for the full FT article (£)

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