Sellers show no fear of Brexit or Election result as house prices hit all-time high for second month in a row
Property website Rightmove said the average price tag was now £317,281 — the second consecutive month they have hit a record level
HOUSE sellers’ asking prices reached a record high this month, suggesting they are undeterred by Brexit and General Election uncertainty.
Property website Rightmove said the average price tag was now £317,281 — the second consecutive month they have hit a record level.
In England and Wales, the average price of property coming to market rose 1.2 per cent, or £3,626, month on month.
Rightmove said pre-election periods often prompt a pause in activity but the strong figures suggest people’s moving needs are taking priority.
“Second stepper” family homes, typically three or four-bed properties, have shown the strongest growth during the last year, with average asking prices rising 5.4 per cent.
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Rightmove boss Miles Shipside said: “Spring is in the air and home movers are springing up the housing ladder.
“Moving pressures are understandably taking priority over electioneering and Brexit worries.”