Spring House Price Index30/03/2022
Spring House Price Index
March House Price Index results are in, and Spring 2022 has hit another new record as the average property prices rises again by 1.7%. This is the largest average monthly rise seen at this time of year since March 2004. This increase is still being pushed by the great imbalance between buyer demand and properties available.
For those looking to move this is the best spring sellers’ market:
The biggest ever mismatch of supply and demand recorded by Rightmove, with more than twice as many buyers as sellers.
Chance of finding a buyer is higher than ever, doubling from the same period in 2019.
Forecast a less buoyant market by the second half of the year as economic headwinds lead to a more evenly balanced market.
To see the full Rightmove report click here.
Average Asking Price Trend