Price of new property coming to market up by £2,476 (+1.0%), a third consecutive national high buoyed by more robust southern regions with new asking price records in London and the South East
Sellers’ record asking price aspirations fail to keep pace with retail price inflation, the national average is now 13% behind inflation-adjusted peak of August 2007
London the only inflation-proof hedge seeing average asking prices 3% ahead of RPI since August 2007, with Wales falling furthest in real terms over this period
29,394 sellers a week come to market prior to Jubilee break, the highest new listing run-rate for two years, suggesting further increases in asking prices unlikely as fresh supply exceeds summer demand
