Wednesday 21 February 2018

Housing Demand Fuels January Price Rise


The latest figures from Rightmove have pointed to a cautiously optimistic market as average asking prices rose by 0.8% in January. According to the portal, the number of monthly visits to the site hit its highest ever level in January, at over 141 million. Rightmove revealed that all regions bar one have seen the price of newly-marketed property increase this month, with the South West being a very marginal exception with a fall of £131. However, the annual rate of increase remains subdued at just 1.5%, dragged down to a degree by London’s year-on-year fall of 1.0%. Download the Index from the Rightmove website.

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