UK Property Market: Mini Boom
Rightmove have published their July House Price Index. This confirms the UK is experiencing a "mini boom". Not only is there an increase in activity, average asking prices are 2.4% higher than in March and the annual increase of 3.7% is the highest since December 2016. This makes the average house price now £320,265. Other key metrics are: Since the beginning of July, buyer enquiries are up 75% year on year Since the housing market opened up again on 13 May 2020, 44% of th