UK house data - asking prices rise in April ...Middle East

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UK house data - asking prices rise in April

Rightmove UK property report for April 2025

UK asking prices rose 1.3% year-on-year in early April, despite the end of a temporary tax break.

    Average asking price hit a record £377,182, up 1.4% from the previous month—stronger than typical seasonal trends.

    Buyer and seller activity increased, with more listings and house-hunters entering the market.

    Rightmove says market resilience is due to greater choice and continued demand.

    This contrasts with Halifax data, which showed a 0.5% monthly drop in prices, and BoE data showing a dip in mortgage approvals.

    Sales slowed after the March tax break deadline, but new buyer enquiries were still up 5% year-on-year, and homes for sale rose 4%.

    This article was written by Eamonn Sheridan at www.forexlive.com.

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