UK home asking prices saw their biggest January jump since 2020, rising 1.7%, despite higher mortgage costs.

Rightmove reports a 1.7% rise in UK home asking prices in January, marking the biggest early-year increase since 2020. Despite higher mortgage costs, more homes are coming onto the market, with sales and buyer interest up 11% from last year. Rightmove predicts a 4% increase in asking prices for 2025 but warns that uncertainties about interest rates and stamp duty changes could impact buyer demand.

2 months ago
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