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UK home prices pick up

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UK home prices pick up

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Asking prices for homes in England and Wales are still lower than a year ago but they are picking up.

Figures published by UK property website Rightmove on Monday showed average prices are 1.5 percent lower this month than in September last year. The average asking price rose 0.6 percent after falling 2.2 percent in August. A lack of supply is pushing prices up, with available stock at its lowest in 18 months.