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House prices rise on scarcity and London effect [electronic resource]

By: Language: English Series: Hometrack Monthly National Housing Survey ; 2 April 2012Publication details: 2011Subject(s): Online resources: Summary: House prices posted a monthly price rise for the first time in 20 months in March 2012 on the back of increased demand, activity and a scarcity of housing for sale. The ending of the first time buyer stamp duty holiday may have boosted demand but London, where prices rose by 0.5% continues to drive the national headline figure.

House prices posted a monthly price rise for the first time in 20 months in March 2012 on the back of increased demand, activity and a scarcity of housing for sale. The ending of the first time buyer stamp duty holiday may have boosted demand but London, where prices rose by 0.5% continues to drive the national headline figure.