UK housing affordability improves at fastest pace in 8 years
UK's annual average wage growth of 3.4% outstripped asking prices at the fastest rate since 2011, the survey found.
Average asking prices rose 0.7% month-on-month in February, after a 0.40% rise in January.
Prices rose for a second straight month in February.
Compared to the same month a year ago, house prices were 0.2% in February, which was the weakest pace since 2009.
The weak house price growth suggest that sellers are pricing property cautiously in a sluggish market, whose prospects are marred by the uncertainty linked to Brexit. ■