Average Price Tag on a Home Jumps by Nearly £3,000 in April – Rightmove

Average price tag on a home jumps by nearly £3,000 in April – Rightmove

House price growth is proving strongest in parts of the market less exposed to higher borrowing costs, Rightmove said.

Average price of a UK home up £3,000 in April, Rightmove data shows

Typical price tag of a UK home up 0.8 per cent in April, data shows

House prices hold firm in face of global headwinds, Rightmove data shows

Rising inflation fears and higher borrowing costs limiting growth in asking prices, says portal's property expert Colleen Babcock.

Property industry reacts to latest Rightmove House Price Index

Property industry reacts to latest Rightmove House Price Index - Breaking news for estate agents and the residential property industry. Independent, unbiased, and factual reporting. A forum for discussion and debate of topics of the day. Subscribe for our free daily newsletter.

London house prices jump by £3k as market slows

The average asking price of a home in Britain rose by nearly £3,000 in April, but London’s property market is showing clear signs of strain as higher mortgage rates and a surge in supply curb momentum. New figures from Rightmove show asking prices increased by 0.8 per cent month on month to £373,971, a £2,929 rise, but this was below the usual April increase of 1.2 per cent, pointing to a softer spring market. In the capital, conditions are more…