UK residence asking costs present largest early-year rise since 2020

Rightmove Home Worth Index for January signifies that UK residence asking costs have proven their largest early-year rise since 2020.

• common worth of properties coming to market rose by
  1.7% between Dec. eight and Jan. 11 to 366,189 kilos ($445,944),
  9,000 kilos beneath a peak hit in Might final yr, Rightmove mentioned (December determine was -1.7%)
• In contrast with the identical interval a yr in the past, asking costs have been
  1.eight% greater (prior +1.four%)
• variety of new properties coming to market
  since Dec. 26 was up 11% from a yr earlier whereas the variety of
  consumers contacting brokers about properties on the market was 9% greater
  and agreed gross sales rose by 11%.

Data through Reuters report.

This text was written by Aaron Cutchburt at www.ubaidahsan.com.



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