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Homes of Wealthy Brits Boost UK Property Asking Prices by Most in 12 Months

Asking prices for UK homes rose at the highest annual pace in 12 months, driven by more top-of-the-ladder houses coming to market, according to the online sales portal Rightmove.

The average asking price of homes put up for sale rose 1.7% from a year ago to £372,324 ($462,890). Prices are now just £570 pounds short of the the record levels registered in May 2023.