Asking prices reach their highest-ever level

Rightmove have reported their highest-ever average asking price level this morning at £286,133. Today the asking prices is 1.6% higher than the previous four weeks and have soared up from the last peak of £281,782, in May last year. Buyer demand continues to increase, and Rightmove have reported that their traffic has been up 20% annually for March, with 115m visitors to their site. The number of homes on the market continues to dry up however, with new sellers now 4% lower compared to last year. With demands at record levels, now is the perfect time to place your property on the market to achieve the full value of your home and more. All across England and Wales, each region has shown both monthly and annual rises in asking prices for new properties on the market.