Average asking price for homes in Britain ‘hits record high’

The average asking price of homes coming on to the market in Britain has hit a record high, according to figures from the property website Rightmove, and for the first time estate agents are listing more homes as sold than they have for sale.



a man standing in front of a store: Photograph: Paul Springett A/Alamy Stock Photo


© Provided by The Guardian
Photograph: Paul Springett A/Alamy Stock Photo



a man standing in front of a store: For the first time, estate agents are listing more homes as sold than they have for sale.


© Photograph: Paul Springett A/Alamy Stock Photo
For the first time, estate agents are listing more homes as sold than they have for sale.

The website’s monthly snapshot of new listings showed sellers are asking for an average price of £323,530, an increase of 1.1% since last month, and 5.5%, or £16,818 more than this time last year.

It is the latest in a string of reports showing a booming housing market fuelled by temporary stamp duty holiday and a so-called “race for space” as households have reconsidered their lifestyles during the coronavirus pandemic.

Rightmove

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