Average asking prices reach another record high
Three regions have seen asking prices climb by more than 10% in the last year-or-so, says Rightmove, while Greater London has seen prices flatline.
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Asking prices climb to another record high as the property market sees its busiest ever H1
House prices are being inflated by "frenzied" buying activity and a continued shortage of properties being listed for sale. There's a 225,000 shortfall of homes for sale, estimates Rightmove;
Asking prices hit another record high, but ‘there are early signs of a slowing in the frenetic pace’ of the property market
Asking prices have increased in every region, reports Rightmove, with larger homes seeing the highest rate of property price inflation.
Upsizers boost larger home prices to a record high
Agreed sales of detached 4+ bedroom houses more than doubled from August 2019 to August 2020 (+104%), reports Rightmove. Sales of other three- or four-bedroom homes were up by 55%.
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