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Investment & Property Magazine - Latest Rightmove figures show the average asking price rose by 1.8% in May – Views from property experts

Investment & Property Magazine - Latest Rightmove figures show the average asking price rose by 1.8% in May – Views from property experts

According to Rightmove, the average asking price rose by £6,647 or 1.8% month-on-month, in May – the biggest rise of the year so far. Tim Bannister, Rightmove’s director of property science, said: “This month’s strong jump in new seller asking prices looks like a belated reaction and a sign of increasing confidence from sellers, as we’d usually see such a big monthly increase earlier in the spring season.” UK newswire, Newspage, asked property experts if it’s a buyers’ or sellers’ market. The experts views can be seen:

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Link to Original Article: Investment & Property Magazine - Latest Rightmove figures show the average asking price rose by 1.8% in May – Views from property experts