U.K. Property Asking Prices Rise to 3-Year High, Rightmove Says
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U.K. home sellers raised asking prices to the highest since June 2008 this month after public holidays in April limited the supply of property for sale.
Average asking prices rose 1.3 percent from the previous month to 238,874 pounds ($388,700), London-based Rightmove Plc, the operator of the U.K.’s biggest property website, said in a report today. From a year ago, prices are up 0.7 percent.