Mar
20
U.K. House Prices Rise in March as Regions Outpace London
By-
Average asking price for homes now above 300,000 pounds
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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…