UK property asking prices rose at the fastest pace in 10 months in March, with a 1.5% increase.
UK property asking prices rose at the fastest pace in 10 months in March, indicating increased confidence in the market's recovery. Rightmove reported a 1.5% increase, with the average asking price reaching £368,118. Buyers' demand and stronger house sales contributed to the rise, although prices remain £4,776 below their May 2023 peak. The market appears to be thawing as lower borrowing rates attract buyers and sellers.
March 18, 2024
18 Articles