Biggest monthly surge in house prices in 20 years

Once again, house prices have broken records as February saw the biggest monthly jump in cash terms in more than 20 years. According to Rightmove, there was a 2.3% monthly rise, which equates to +£7,785, with the annual rate of asking price growth at 9.5% - the highest recorded since September 2014. Since the pandemic began two years ago, prices have risen by nearly £40,000 compared to just over £9,000 in the two years before. Read more from Property Reporter here.