Market news
15.03.2021, 10:23

UK house prices increase on buyer demand - Rightmove

RTTNews reports that  property market website Rightmove said that UK house prices increased in March as buyer demand reached record levels.

House prices rose 0.8 percent month-on-month in March, following a 0.5 percent rise in February.

The number of potential buyers enquiring about each available property in the month was at a record, and was 34 percent higher than the same period a year ago.

The current demand was driven by the side effects of the lockdowns and the additional spur of government incentives. Rightmove anticipates further price rises during the traditional spring selling season.

Year-on-year, house price growth slowed to 2.7 percent in March from 3 percent in the previous month.

© 2000-2021. All rights reserved.

This site is managed by Teletrade D.J. Limited 20599 IBC 2012 (First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

AML Website Summary

Risk Disclosure

Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.

Privacy Policy

Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.

Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.

Feedback
Live Chat E-mail
Up
Choose your language / location