Lack of supply fuels biggest property increase in UK for 16 months, figures show

[Nicholas Wallwork]

A lack of supply has led to the average property in the UK increasing by*£6,000 in the last month, according to the latest figures to be published.

Asking prices increased by an astonishing 2.8% in October which is*normally a quiet time of the year for the country's real estate market*with London leading the way with a 6.5% rise, the date from Rightmove*shows.

Click Here to Read The Full Story and Add your Own Comments to Lack of supply fuels biggest property increase in UK for 16 months, figures show