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HomeInsurance & Mortgages NewsWidening gap between demand and supply trigger record rise in asking prices...

Widening gap between demand and supply trigger record rise in asking prices of UK homes

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LONDON (CU)_The gap between the number of buyers and sellers in the United Kingdom’s property market is widening, recent figures published by a London-based property website shows. Asking prices for homes in the country registered a record increase this month, and first-home buyers are expected to find themselves losing out in the race.

According to Rightmove, which runs, the largest property website in the UK, asking prices for homes increased by…

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