UK housing market seeing spring revival as asking prices jump; China’s real estate slowdown continues – business live

Rolling coverage of the latest economic and financial newsUK house prices rise by 1.5% in biggest increase for 10 monthsCriminal fraud trial of UK tech tycoon Mike Lynch to begin todayThose who overprice their homes risk being dragged into a long selling period, and could be forced to cut prices to find a buyer, warns Emma Fildes, founder of the buying agency Brick Weaver.She says today’s Rightmove data shows owners of larger properties are particularly optimistic about getting a high pric