UK asking prices hit record high
Ruth Matthew, 15th August 2012
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Research from property
management company Move with Us, has put the average UK asking price at £232,000
in June 2012.
The figure was £228,000
at the same time last year.
This research directly
contradicts the recent RICS UK Housing Survey which identified falling prices
as a key market trend.
The Move with Us
research shows signs show sellers have increasing confidence in the market and
expect more for their properties.
They say asking
prices across the UK have increased by an average of £5,540 in the last six
months.
This confidence
appears to have paid off with the average number of days required to sell a
property dropping by 45 days over same period.
Ben Greco, Director, Move with Us
said: “The property market in the UK has proven to be very robust over the last
few years with house prices holding strong in the face of a tough economic
climate.
“We are pleased that our latest
figures have shown signs of overall progression and that buyers and sellers
alike seem to be viewing local market conditions more positively.”
Mr Greco said that the discount
on asking price that buyers were negotiating had also decreased showing the
strength of the market.
Tags: Move with Us, asking prices, RICS
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