Asking prices remain flat in May
The average asking price of property coming to the market remains virtually unchanged at £243,759, up just £22 (+0%) on last month.
The average asking price of property coming to the market remains virtually unchanged at £243,759, up just £22 (+0%) on last month.
The overwhelming view is that property prices will be the same or higher in a years’ time.
More than a third of respondents (35%) expect house prices to be higher one year from now.
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.
Website traffic on Rightmove is hitting new all-time highs as new year home-hunters turn their attention to the property market in record numbers. Rightmove served over 34 million pages of traffic on Monday 16th January.
The property market is full of false beliefs – make this year different and don’t lose site of what’s important, says property expert Laura Henderson.
House prices in Wales fell -0.8% over the last month despite the national UK average asking price rising by 2.8% over the same period. The average asking price for a property in Wales now stands at £165,597.