Buy To Let
House prices rise biggest in three years
House prices in England and Wales rose by 0.3% in March, the largest month-on-month increase since March 2010, figures suggest.
London drove the change, with price rises in the capital jumping by 0.7% between February and March, according to data from property analysis firm Hometrack.
Prices fell in the north east, the only region to experience a decline.
In year-on-year terms, house prices were flat, the first time they have not fallen since September 2010.
A 19% increase in demand – as measured by the number of potential buyers registering with estate agents – since January and a 13% increase in the number of homes for sale drove the price rises, Hometrack said.
Hometrack’s survey is based on responses from estate agents and surveyors.
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