Property asking prices rise by 3.1%



Property asking prices raced ahead by 3.1% during February as new sellers followed the traditional seasonal pattern of pricing high, figures showed today.


The increase, which followed a 0.3% jump in January, left the average property on the market in England and Wales costing £230,030 – broadly unchanged from a year earlier, according to property website Rightmove.

The group said despite the house price falls seen during 2010, sellers were still following the usual seasonal ups and downs, with many unwilling or unable to drop their asking prices.


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