India, April 14 -- UK house prices rose to a new record in April despite the end of stamp duty holiday in March, property website Rightmove said Monday.
House prices increased 1.4 percent from the previous month to a record GBP 377,182 in April.
Despite a decade-high number of homes for sale for the time of year, the increase was larger-than-usual. Data also suggested that movers are carrying on and have adjusted to the tax rise.
New buyer demand increased 5 percent compared to last year and the number of new sellers coming to market advanced 4 percent. House prices in London also hit a record in April but this may be short-lived as it is more subject to global uncertainties, Rightmove said.
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