January 20, 2025 at 12:11AM
Rightmove House Price Index for January indicates that UK home asking prices have shown their biggest early-year rise since 2020.
average price of properties coming to market rose by
1.7% between Dec. 8 and Jan. 11 to 366,189 pounds ($445,944),
9,000 pounds below a peak hit in May last year, Rightmove said (December figure was -1.7%)
Compared with the same period a year ago, asking prices were
1.8% higher (prior +1.4%)
number of new properties coming to market
since Dec. 26 was up 11% from a year earlier while the number of
buyers contacting agents about properties for sale was 9% higher
and agreed sales rose by 11%.
Info via Reuters report.
This article was written by Eamonn Sheridan at www.forexlive.com.