
A run-up in asking prices for newly listed homes in Britain has lost steam ahead of an increase in property purchase taxes, according to a survey published on Monday.
Property website Rightmove said the average price of properties put on the market rose by 0.5 per cent between Jan. 12 and Feb. 8 to 367,994 pounds ($464,666), a weaker-than-usual increase for the time of year and a slowdown from a