Lack of supply fuels biggest property increase in UK for 16 months, figures show

Discussion in 'UK Property' started by Nicholas Wallwork, Oct 19, 2009.

  1. Nicholas Wallwork

    Nicholas Wallwork Editor-in-Chief Staff Member Premium Member

    [​IMG]A lack of supply has led to the average property in the UK increasing by*£6,000 in the last month, according to the latest figures to be published.

    Asking prices increased by an astonishing 2.8% in October which is*normally a quiet time of the year for the country's real estate market*with London leading the way with a 6.5% rise, the date from Rightmove*shows.



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