Average UK property asking price up £2,000, says Rightmove

Property website warns buyers not to be too optimistic, with sales down 5.5% and average time taken to sell homes lengthening significantly

The average price of a property coming on to the market in January is up by nearly £2,000 compared with December, but sales are down by 5.5% on the same period a year ago.

Rightmove, which tracks 90% of the UK property market, said there had been a “busy start” to 2018, with more than 4m visits a day to its site, up nearly a tenth on last year. The average price was up 0.7% to £297,587.

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Source: the guardian
Average UK property asking price up £2,000, says Rightmove