U.K. House Prices Post Best January Result On Record: Rightmove

House prices in the United Kingdom increased for the first time in three months in January, marking the biggest ever increase for the month, a survey by Rightmove showed Monday.

Average asking prices of a property increased 1 percent month-on-month to GBP 243,861 in January. This followed a 1.9 percent fall in December and 2.4 percent decline in November.

Year-on-year, prices increased 6.3 percent, the sharpest rise since November 2007, Rightmove said.

The survey found that in the first two weeks of 2014, the number of pages of property viewed on Rightmove rose by nearly 20 percent on the same period a year ago. E-mail inquiries to agents and developers were also up by nearly 20 percent.

The material has been provided by InstaForex Company – www.instaforex.com

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