Mullucks Wells
News Item
House Price Inflation jumps to 4%
Increased buyer acticity has taken asking prices of newly marketed properties to around the level seen 7 months ago, according to the latest report from Rightmove. The market has reached a level of sustainable pricing that is attracting increased buyer demand without resorting to dramatic price falls.
This has had the effect of a higher than expected increase in the annual rate of house price inflation from 1.5% to 4%. Increased demand for property has also resulted in lower levels of unsold property stocks with a fall of over 5% since May.
More Archived News
Current News Releases
