House prices stall in March

This is way below the usual monthly average of 1.3% recorded between 2002 and 2009. The lull has coincided with the return of sellers, with 34% more properties coming to market compared to March 2009, meaning more competition and less opportunity to increase asking prices. Miles Shipside, commercial director of Rightmov, says: "As usual we've seen a winter price lull followed by a New Year bounce, though at a national level it's never previously fizzled out before spring has really sprung. "Observers of the market should note that new sellers are up by over a third on March last ye...