Economics
UK House Asking Prices Rise Again, Prompting Brighter Outlook
- Rightmove says property market may end the year 7% higher
- Rising interest rates and affordability issues may cool demand
Rightmove raised its forecast for price growth this year to 7% from 5%.
Photographer: Jason Alden/BloombergThis article is for subscribers only.
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UK property asking prices rose to a record for a sixth consecutive month, indicating momentum in the market that may support the market for the rest of this year.