Despite a general slowdown in the property market, asking prices for UK homes rose again last month, according to Rightmove.

It may well turn out that many sellers and estate agents are being over-optimistic, by holding such high price expectations.

Rightmove found that there are almost twice as many properties coming on to the market, as there are those coming off.

Miles Shipside, commercial director at Rightmove, says: "Since the new year, over-optimistic sellers and estate agents competing for market share of new instructions have pushed asking prices up again. It defies commercial logic that over-supply of property should lead to more competitive pricing,"