House prices fall but number of sales up.

House prices fall but number of sales up.

According to figures released from RightMove.

The average price of properties across the UK has falled in August by 1.0 per cent, which takes the annual price increase to 1.2 per cent.

By contrast, the number of agreed sales in the month is the highest since the same period in 2015, a rise of 6.1 per cent which helps to balance the slow start to the year.

The average asking price for a UK property is £305,500, with first time buyers paying on average just over £191,000.

The number of days to secure a buyer is back to levels last seen in October of last year, from a high in January 2019 of 77 days.

 

Published: by Radio NewsHub
Start your relationship

If you are interested in receiving bulletins from Radio News Hub or would simply like to find out more please fill in the form below.

We aim to get back to you within 48 hours