Rightmove Reports Highest January Asking Price Increase In 18 Years

Rightmove has reported a 2.3% increase in January asking prices – the highest January increase they’ve seen in 18 years.

They have also revealed that demand is up 15% since December 13th. The demand increase led to a 7.4% increase in the number of sales agreed in the same period (13th December 2019 – 15th January 2020)

Speaking on the increase, Mile Shipside, a Rightmove Director, said the market may be “in store for an active spring market” as more certainty returns to the market.

You can read more on this story including Mr Shipside’s comments on the impact of supply shortage over at Estate Agent News Today here.

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