London home sellers raised asking prices to a record as they sought to tap the housing-market recovery and benefit from the scrapping of costly disclosure rules, Rightmove Plc said.
Asking prices for homes in London surged to a record this month, as the buoyant outlook spread to other parts of the country, according to Rightmove Plc.
Asking prices for homes in London surged to a record this month as values in the borough of Kensington and Chelsea rose to an average 2.2 million pounds ($3.5 million), according to Rightmove Plc.
London home sellers cut asking prices this month, with affluent districts such as Kensington and Chelsea leading the decline during the seasonal summer lull, according to Rightmove Plc.
U.K. home sellers raised their asking prices to the most for a February in five years as inquiries from potential buyers increased, Rightmove Plc said.
"The overall picture for the year is still one of a much recovered property market."
- Miles Shipside on Dec 14, 2014