Asking rates for UK homes hit record high, Rightmove states

Asking rates for UK homes hit record high, Rightmove states

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LONDON (Reuters) – Prices of homes being put up for sale in Britain have strike record highs regardlessof still costly homeloan expenses, however the speed of gains has slowed, according to information from residentialorcommercialproperty site Rightmove (OTC:).

The average asking cost for domestic residentialorcommercialproperties touched 375,131 pounds ($474,578.23) in the 4 weeks to mid-May, Rightmove stated.

However, the 0.8% boost in month-on-month terms represented the weakest increase so far in 2024.

Prices were just 0.6% highe

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