Sussex Property Market View
Year-on-year house prices up 1.2% according to latest data
New research from an independent estate agent, has found that during April, average house prices across England and Wales fell by 1.7% but rose by 1.2% on the year. The average house price now sits at £225,833.
New buyer demand for homes rose by 3.8% on the month and by 38.6% annually. The number of properties coming onto the market has risen by 5.5% on the month, and by 18% on the year. This month there are over 11 buyers chasing every property across England and Wales.
The market has become more efficient this month, as the number of transactions has risen by 8.8% on the month, as the number of viewings....continue to read this article from Property Reporter, here
Posted on 14 May 2018
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