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Asking prices for UK homes up in Feb

Rising demand, due to fall in oil prices and higher wages, outstripping supply

Published Mon, Feb 16, 2015 · 09:50 PM

London

ASKING prices for UK homes increased at a faster pace this month amid a shortage of property for sale, Rightmove said on Monday.

Prices sought rose 2.1 per cent from January, when they increased 1.4 per cent, Britain's biggest property website said in a statement. Growth in average London values accelerated to 2.8 per cent from 0.9 per cent.

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