House prices hit record high for fourth consecutive month: Rightmove📈
The price of property coming to market has hit a fourth consecutive monthly record of £367,501, up by 2.1% and puts prices £55,000 higher than pre-pandemic, according to the latest data released by Rightmove.
The new record price is the highest at this time of year since May 2014 and marks a national jump of £55,551 in asking prices in the two years since the housing market shut due to the pandemic. This compares to a rise of just £6,218 in asking prices in the two years before the pandemic and illustrates how the frenzied market activity has led to two-year price growth in cash terms never before witnessed in over twenty years of tracking prices. To continue reading, please Click Here