LONDON - Prices of homes being sold in Britain are close to their record highs after the biggest annual increase in a year, according to an industry survey that suggested the momentum in the housing market of early 2024 extended into April.
The average new seller asking prices of 372,324 pounds was only 570 pounds of a record hit in May 2023, Rightmove said. Rightmove said the number of new sellers was 12% higher than a year earlier and the number of sales was up by 13%. Demand was strongest in the high-end segment where asking prices in 2024 so far are up by the most since 2014.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: