House prices continue to rise

This month sees the continuation of the trend set so far in 2013 with a 2.1% (+£4,996) rise in new seller average asking prices, the fourth successive monthly increase this year, according to Rightmove.

June 2012 saw the highest ever average asking price of £246,235, and this month’s average asking price is just £1,529 under that figure at £244,706. Furthermore, the average price of a property coming to market is up by 6.9% (+£15,717) so far this year. All regions have seen prices rise month-on-month except London, though this should be put into the context of prices in the capital outpacing the rest of the country over the last 12 months.