New sellers in Wales dropped their asking prices by an average of -1% in June to leave the average asking price for a property in Wales at £168,850. This was in contrast the overall national picture in the UK which saw average asking prices increase by 0.6% in the month.
Rightmove’s London House Price Index for June finds that the strength of the market in the capital continues, leading to a new record high average asking price.
June saw Rightmove record the sixth consecutive monthly rise in new sellers’ average asking prices, up by 0.6%.
With the number of new homes on the market on the up, buyers should embrace the trend for turnkey property for gain, advises property expert, Laura Henderson
There is a high demand for rental property currently and finding a property may be trickier than it once was. It can therefore be tempting to rush into an offer and put down a deposit on a property – but be careful not to let your guard down.