Housing supply 'not meeting demand'

Updated
Governments slammed on homes energy
Governments slammed on homes energy

House prices rose by 0.5% month-on-month in November as surging demand from buyers continues to outstrip the supply of homes for sale, property analyst Hometrack has reported.

But in a sign that prices could be starting to run ahead of what buyers are willing to pay, the typical percentage of the asking price achieved dipped in November to 95%, from a six-year high of 95.2% recorded in October.%VIRTUAL-SkimlinksPromo%

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