The average asking price for a home in England and Wales passed £300,000 for the first time in March, property website Rightmove said on Monday, as buyers rushed to beat a property tax rise which comes into force next month.
Asking prices for homes in London were 11 percent higher than a year earlier, but prices in the capital were flat compared with February with the biggest month-on-month increases in central, south west and north east England.
Demand has grown in recent months as people seeking second homes or properties to rent them out hurry to finish their transactions before a hike in a property tax due to take effect on April 1.
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