UK House Prices Rise To Record High: Rightmove
2020年10月19日 - 5:41PM
RTTF2
UK house prices increased to a record high in October as there
were a record number of sales ever agreed in a month, and agents
reported more properties marked as sold than available for sale,
data released by the property website Rightmove revealed
Monday.
Largely driven by pent-up demand, house price growth accelerated
to 5.5 percent, the highest annual growth for over four years, from
5 percent in September. Average property prices rose to an all-time
high of GBP 323,530.
On a monthly basis, house prices increased 1.1 percent in
October, faster than the 0.2 percent rise logged in September.
The momentum caused by the combination of pent-up and new demand
has led to new records in several key metrics, and as a result
Rightmove forecasts house prices to rise further before the
year-end and peak at around 7 percent.
"Many buyers seem willing to pay record prices for properties
that fit their changed post-lockdown needs, though agents are
commenting that some owners' price expectations are now getting too
optimistic, and not all properties fit the must-have template that
buyers are now seeking," Tim Bannister, Rightmove's Director of
Property Data said.
Bannister cautioned that sellers and their agents should be wary
of being too optimistic on their initial asking price, as whilst
activity levels continue to amaze, there are some signs of momentum
easing off from these unprecedented levels.
Data showed that the average time to sell was 50 days, which was
12 days faster than the same period last year. For the first time
ever, estate agents have more properties marked as sold than they
have as available for sale.
Finally, the number of sales reported by agents also set a new
record, and was 70 percent higher than the same period a year
ago.
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