Asking prices in Britain’s housing market rose at the
slowest annual rate in almost four years in February as buyers become wary
about paying too much, according to the latest survey from Rightmove. Annual
price growth fell from 3.2% in January to 2.3%, the weakest since April 2013.
On a monthly basis, average asking prices rose 2% t0 £306,213, the slowest rate
of growth in the month of February in eight years. Rightmove said the housing
market was boosted in early 2016 by “frenzied” buy-to-let investors who rushed
to complete transactions before new stamp duty rules were introduced in April,
making this year look subdued by comparison. Read more on the Guardian website.
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