There are early signs of the UK property market beginning
to lose pace due to record prices and lack of choice, according to data
released by Rightmove. The portal revealed that the price of property coming to
market saw a 0.8% increase this month, pushing the national average to a new
record high for the third consecutive month to £336,073. This is a much smaller
rise than last month’s 1.8% or April’s 2.1%, indicating an early sign of a
slowing in the pace of the current market. Read more on the Property Reporter
website.
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