Price records in all regions & sectors mark ‘full house’ for first time since 2007

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Price records in all regions & sectors mark ‘full house’ for first time since 2007

Rightmove's Octobers House Price Index has been released today with reassurance the market remains strong with prices at record levels with demand still outstripping supply.

Prices are at record levels across all regions and all market sectors.

• Asking prices have increased by 1.8% this month – the biggest October increase since 2015.

• 15.2% more sales were agreed in September vs. 2019’s “normal market” comparison.

• More new properties are coming to market compared to summer, but demand still heavily outweighing supply – great news for sellers.

• Power buyers are in the strongest position in this highly competitive market – those with their property already sold subject to contract or who have nothing to sell.

Read the full report here

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