Average asking prices reach new record high for third consecutive month
This economic downturn continues to surprise, with a third consecutive record for new sellers’ asking prices.
This economic downturn continues to surprise, with a third consecutive record for new sellers’ asking prices.
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 ÂŁ243,759, up just ÂŁ22 (+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 ÂŁ243,737, breaking a previous record set nearly four years ago.