Article 6421W House sellers ‘putting up prices despite rate rises and cost of living crisis’

House sellers ‘putting up prices despite rate rises and cost of living crisis’

by
Graeme Wearden
from Economics | The Guardian on (#6421W)

Average price of homes coming to market in September increased by 0.7% on previous month to 367,760, says Rightmove

House sellers have continued to raise their asking prices despite borrowers facing higher interest rates and the cost of living squeeze, data from property portal Rightmove shows.

The average price of a home coming to market increased by 2,587, or 0.7% month-on-month in September to 367,760, according to the company.

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