House prices record slight rise

AOL Money Staff
House prices
House prices

House prices have recorded their first monthly rise in more than a year and a half due to growing demand from buyers and a lack of homes on the market, a study has found.

The 0.2% increase in March follows a flat start to the year and is the first rise in 20 months, suggesting that prices will hold firm in the coming months, although the overall market is not yet "firing on all cylinders", said property analyst Hometrack.