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U.K. house prices rise sharply

Posted on 15 October 2012

U.K. house prices rose by more than 8,000 pounds ($12,800) in the first few weeks in October, reversing much of the decline in asking prices that occurred over the summer, a survey showed Monday.
Online estate agency Rightmove said average asking prices on its website rose 3.5% on the month in October and 1.5% on the year. The monthly increase was the biggest since February and compared with a fall of 0.6% in September. On an annual basis, prices increased 0.7% in September………………………………………..Full Article: Source


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