House prices in England and Wales have returned to near record levels, according to Rightmove.co.uk. They have found that sellers are particularly advantaged in Wales and northern England due to a decrease in available houses. While more houses are available in southern England, prices have still risen as confidence returned to the market some weeks after the EU referendum.
Key Takeaways:
- The housing market is doing better than it has been
- There are less houses on the market than previously
- London has the largest increase in asking prices
“If the right house in the right area at the right price comes onto the market, it’s gone within days, either getting very close to the asking price or achieving over.”
https://www.relocatemagazine.com/news/uk-property-prices-bounce-back-to-near-record-david-sapsted