House prices in London are rising at 'unsustainable levels with the average asking now ?30,000 higher than their previous July peak, a report showed today.
Property website Rightmove said the onset of autumn saw national average asking prices rebound by 2.8 per cent in October - reversing September's 1.5 per cent decline - and rise 13.8 per cent on the same time last year. The average property was worth ?252,418, up almost ?7,000 in a month from ?245,495 in September, the website said.
But in London, after the summer lull saw a slight drop in properties being listed for sale and slight price falls, new seller numbers surged 15 per cent while asking prices shot up 10.2 per cent in October.
thisismoney
Property website Rightmove said the onset of autumn saw national average asking prices rebound by 2.8 per cent in October - reversing September's 1.5 per cent decline - and rise 13.8 per cent on the same time last year. The average property was worth ?252,418, up almost ?7,000 in a month from ?245,495 in September, the website said.
But in London, after the summer lull saw a slight drop in properties being listed for sale and slight price falls, new seller numbers surged 15 per cent while asking prices shot up 10.2 per cent in October.
thisismoney
Tel 08002425255 
renttoownproperties@consultant.com
0 comments :
Post a Comment