Average asking price for home in Great Britain hits new high of almost £380k

Rightmove says figure has risen in May by 0.6% compared with April despite lower demand from new buyers

The average asking price of a home in Great Britain has hit a new record high for the second month in a row, with sellers seeking almost 380,000 on average in May, according to a property website.

Across England, Scotland and Wales, the asking price for homes coming on to the market has risen by 2,335 or 0.6% in May compared with April, Rightmove found. This took the average asking price to a new record of 379,517, after a previous record was set last month.