Asking prices in the capital set fourth monthly record of 2012
Record prices of property coming to market have again been set in London.
Record prices of property coming to market have again been set in London.
The Rightmove House Price Index for May 2012 was recently released and revealed that asking prices had remained flat in May.
Respondents who stated they intend to sell over the next 12 months were asked their main motivation for moving.
London has hit another all-time high asking price this month.
The average asking price of property coming to the market remains virtually unchanged at £243,759, up just £22 (+0%) on last month.
Property is coming onto the market in London at record asking prices this month.
The national average asking price of property coming to market is now £243,737, breaking a previous record set nearly four years ago.
New sellers’ asking prices in London have reached a new peak of £455,159, the result of a monthly rise of 1.3% (£5,907).