House prices rise biggest in three years

London drove the change, with price rises in the capital jumping by 0.7% between February and March, according to data from property analysis firm Hometrack. Prices fell in the north east, the only region to experience a decline. In year-on-year terms, house prices were flat, the first time they have not fallen since September 2010. A 19% increase in demand - as measured by the number of potential buyers registering with estate agents - since January and a 13% increase in the number of homes for sale drove the price rises, Hometrack said. Hometrack's survey is based on responses...