Property sales rose sharply in February compared with a
year ago, while rental costs started to go up again, figures have suggested.
Sales totalled 84,950 in the month, up from 64,270 in the same month a year
earlier, data from HM Revenue and Customs shows. But, owing to the seasonal
slowdown in the market, this was the lowest level since April. Meanwhile, rents
rose 1.6% year-on-year in February, a survey said. LSL Property Services, which
owns Your Move and Reeds Rains, said that rent across England and Wales
increased to £743 a month on average. Read more on the BBC website.
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