Monday, April 16, 2007
Rightmove show stunning price rises over past month
Britain's housing market continues to defy gravity, with Rightmove reporting that house prices in the past month (March) have shown their biggest increase for five years.... Miles Shipside, commercial director of Rightmove: "Sellers' asking prices provide one of the earliest indicators of which way the market is headed, and while a boost is to be expected around Easter, £8,000 in a month is the largest amount we have ever recorded. Every region saw large increases, with the minimum jump being £3,000."