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Sunday, January 19, 2020

UK house prices rise at fastest rate on record

2019 general election result provided period of ‘stability’ following Brexit uncertainty

UK house prices rose over the last month at the fastest rate on record for the time of the year, as sellers felt more confident about the outlook for the housing market after the general election, according to Rightmove.

The average price of properties coming on to the market jumped by 2.3%, the biggest rise for the period since the property website started its house price index in 2002. Nearly 65,000 UK properties were marketed over the month, with an average asking price of £306,810.

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from Property | The Guardian https://ift.tt/2RbV0ua
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