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%.
While nationally new sellers average asking prices increased by just 0.3% (£711), they were again outperformed by the confidence of the capital’s sellers who pushed theirs up by 1.1% (£4,470).