The Latest Rightmove House Price Index - Asking prices are up by 5.6% year-on-year in Norfolk!

The Latest Rightmove House Price Index - Asking prices are up by 5.6% year-on-year in Norfolk!

Better than expected market surprises many, as buyers return!

Reflecting the slower market conditions new sellers have broken with tradition and held prices static for the first time ever at this time of year rather than increase them, a sign that more sellers are heeding their agents’ advice to price right first time.
This is the smallest increase from January to February on record, though prices remaining flat rather than falling as some expected could be seen as a positive indicator for the year ahead.
To read the February Rightmove House Price Index, please click here
Source: Rightmove


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The market continues to demonstrate resilience with buyer enquiry and new seller numbers remaining ahead of the same period in 2024. Despite decade-high choice for buyers, the average property price increased 1.4% (+ £5,312) this month. This is ahead of the average April increase and sets a new record of £377,182.