Thursday 20 October 2016

Asking Prices Up £2,623 In Just One Month

House prices have risen by another £2,623 on average across England and Wales but the regions have fragmented into buyers' and sellers' markets. The average price of a property coming on to the market this month is up 0.9 per cent compared to last, hitting £309,122. Prices have started to rise again as sellers target buyers shaking off the lull, which is generally seen during the summer months, but was heightened this year by the uncertainty caused by the EU referendum. The price rises of the two most-recent months mean that the average asking price across England and Wales is once again just £1,349 shy of the record reached in June earlier this year. Read more on the thisismoney website.

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