Headlines
- Most indices are reporting record sales and prices being hit in the last few months
- Country wise, Northern Ireland house prices are up year on year but lag behind England, Wales and Scotland. Prices are still -34% lower, on average than in 2007. (Source: Land Registry)
- Regional performances are vastly different, with London prices up by just 3.7% year on year while Yorkshire and Humber tops price growth at 14%, however, long term affordability for this and many other areas is still looking good (Source: Land Registry)
- Westminster prices are down by over -8%, Liverpool prices up by over 18% (Source: Land Registry)
- Hometrack predicts a staggering 1.5mn transactions for 2021 Rightmove report buyers secured in just 45 days
What the indices say
Rightmove
New price record as Wales and the north lead the way and London stands still
“New records continue to be set as the average price of property coming to market this month jump by 1.8%. Average London house prices are 2.9 times higher than prices in the northern areas of Great Britain, and although still large this…
