- The average asking price is at £313,655 (+£3,547).
- Annual growth slowing, now at 2.2%.
- First-time buyer properties annual growth of 6.5%, to £194,881.
Increasingly stretched buyer affordability will continue to be a price moderator for sellers who are over-ambitious with their pricing, tempering the pace of price rises. Strong buyer activity this month has led to 10% higher numbers of sales agreed than in the same period in 2016. This large year-on-year disparity should be viewed cautiously as the comparable timespan in 2016 saw a drop in buy-to-let activity with the additional second home stamp duty. However, they are also up by 3.8% when compared to 2015. With the growth in household numbers and new-build supply struggling to keep pace, demand is strong and has led to the highest sales agreed numbers at this time of year since the heady pre-credit-crunch levels.”
What's been happening in the #houseprices market this April? https://t.co/2j9au3vUye #property #news pic.twitter.com/DfskAeGPmw— Rightmove (@rightmove) April 24, 2017
Spring selling season hots up but house price growth is not matching up https://t.co/NMTbqA6GTS— Telegraph Property (@TeleProperty) April 24, 2017
Asking prices for homes rise to record average of £313,655 https://t.co/QuV32pOrmv— Guardian news (@guardiannews) April 24, 2017
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Asking prices hit record highs: Rightmove - https://t.co/fFNIQZPwNx— Mortgage Solutions (@mortgagesols) April 24, 2017