Rightmove is predicting that house prices across England
and Wales will rise by 1% in 2018, but there will be a further decline in
London. In its annual report on the market, the property website predicts that
2% price falls in the capital will be more than offset by an increase in the
value of small and medium-priced homes around the country. Rightmove said the
average asking price for an English or Welsh home stands at £302,865 – a 2.6%
fall on November, but 1.2% higher than a year ago. A 1% average increase would
represent the lowest annual increase since the 0.8% rise recorded in 2011, it
said. Read more on the Rightmove website.
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