Wednesday 18 October 2017

House Prices: Signs Of New North-South Divide In UK Market Emerge

A new north-south property divide is emerging in the UK ahead of the festive season, with people selling second-stepper homes in the north of England standing the best chance of finding a buyer by Christmas, according to Rightmove. Those selling more expensive “top of the ladder” properties in London and the south of England have the least chance, the property website said in its latest house prices report. Asking prices for homes coming to the market in England and Wales rose 1.1% to £313,435 in the four weeks to 7 October, following a 1.2% drop the previous month. Prices rose in eight out of 10 regions, the exceptions being Yorkshire and Humber and east Midlands. Read more on the Rightmove website.

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