The latest monthly report by property website Rightmove showed asking prices for newly listed homes were 0.7% higher – now an average of £306,499 – September than in August. For the category Rightmove calls “second-steppers” – three- and some four-bedroom homes – asking prices were up by 5.2% year-on-year, while at the top of the market they were up by 2.7%. Asking prices had dropped following the UK’s vote to leave the EU, but recent data has suggested the return of confidence to the market. Recently the Royal Institution of Chartered Surveyors (Rics) said its members were expecting house prices to rise over the next three months. Asking prices were 7.9% higher than in September 2015, reaching an average of £337,252.

Source: The Guardian September 18, 2016 23:01 UTC