25 Mar

March asking prices 'up'

March asking prices 'up'

Asking prices for properties grew by 0.8 per cent in the weeks up until March 15th, according to new figures released by Rightmove.

On average, the price of a property that went to market in the five weeks up until this date was £239,655, the organisation said.

But, Rightmove observed, if stagnation is not to be the outcome of this trend, then sellers need to realise that "smart" figures have to be put on homes.

And house price inflation on an annual basis dipped to five per cent for this time period, Rightmove revealed.

Furthermore, the length of time it took to sell a property decreased on average from 93 to 82 days, while sales levels were down with an average of 67 properties on the books of estate agents.

On average, stamp duty for first-time buyers based in the south now stands at £7,533, SmartNewHomes.com has said, with those in London usually paying more.ADNFCR-1222-ID-18521270-ADNFCR

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