House asking prices reach a record
Prices in the South East also hit a new high of £318,717, although prices in the region are 11% below those in August 2007 in real terms.
Asking prices have plummeted furthest in real terms in Wales, where they stand at £167,875, a sharp 24% fall since August 2007.
Rightmove director Miles Shipside said: "The better properties in the better areas remain in short supply, giving sellers of sought-after stock, and their agents, the confidence to come to market at a higher price.
"The right property within commuting or holiday bolt-hole distance of the capital seems to be an attractive each-way bet with the potential to be both recession-proof and offer good odds to keep pace with, or even outstrip, inflation."
Copyright (c) Press Association Ltd. 2012, All Rights Reserved.
|Previous||Page 2 of 2|