UK housing boom leads to £2,500 jump in asking prices

‘Boris bounce’ invigorates buyers and sellers, leading to 12% surge in sales

Britain’s property market is in the grip of fresh boom, according to Rightmove, with asking prices jumping by more than £2,500 over the past month alone.

The average asking price for a home rose to £309,399 in February, £40 shy of its all-time record, said Rightmove. Buyers and sellers have been invigorated by renewed economic confidence, described as the “Boris bounce”, it added.

Continue reading...

from Property | The Guardian https://ift.tt/38yrmFn
via IFTTT