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- Rightmove: U.K. house prices rise 1.3% in April
Rightmove: U.K. house prices rise 1.3% in April
According to property tracking website Rightmove, U.K. house prices rose 1.3% in April, after a 1.3% increase in March.
"The onset of spring is traditionally when the housing market swings into full-on action, and while the early Easter this year could be credited with its very active current state, the housing market actually received a much earlier kick-start at the end of November. Chains need a buyer at the bottom to enable everyone to move, and that was boosted by investors looking to avoid the 3% levy introduced on April 1st," Rightmove director and housing market analyst, Miles Shipside, said.
On a yearly basis, house prices in the U.K. climbed 7.3% in April, after a 7.6% increase in March.
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