In July, UK house sales rose 15% year-over-year, despite a 0.4% dip in asking prices, according to Rightmove.

The number of agreed UK house sales in July is up 15% compared to a year ago, according to Rightmove. This comes as buyers anticipate potential interest rate cuts. The average new seller asking price has dropped by 0.4% (£1,617) this month, falling to £373,493 from £375,110 in June. Despite the drop in asking prices, the number of sales and new sellers coming to market is higher than a year ago.

July 14, 2024
16 Articles

Further Reading