The average house price has hit a record high for the third month in a row, rising above £360,000, according to Rightmove’s monthly index of property prices (The Times). Prices rose by 1.6 per cent this month, slowing slightly from a 1.7 per cent rise in March (Reuters).
Properties are achieving 98.9 per cent of their final advertised asking price on average and the time taken to sell has also halved over the past three years – from an average of 67 days three years ago to 33 days now (Sky News).
