UK home knowledge – asking costs rise in April
Rightmove UK property report for April 2025
-
UK asking costs rose 1.three% year-on-year in early April, regardless of the top of a short lived tax break.
-
Common asking worth hit a report £377,182, up 1.four% from the earlier month—stronger than typical seasonal tendencies.
-
Purchaser and vendor exercise elevated, with extra listings and house-hunters getting into the market.
-
Rightmove says market resilience is because of higher alternative and continued demand.
-
This contrasts with Halifax knowledge, which confirmed a zero.5% month-to-month drop in costs, and BoE knowledge exhibiting a dip in mortgage approvals.
-
Gross sales slowed after the March tax break deadline, however new purchaser enquiries had been nonetheless up 5% year-on-year, and houses on the market rose four%.
This text was written by Aaron Cutchburt at www.ubaidahsan.com.
Source link
Leave a Reply
Want to join the discussion?Feel free to contribute!