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The average asking price for homes coming to market has hit a new record of £377,182, according to Rightmove, despite the recent stamp duty rise and a decade-high level of stock for the time of year.
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Residential property prices fell by an average of 0.5% in March, compared with 0.2% growth in February, the latest Halifax House Price Index reveals.
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There was significant increase in UK housing costs last year, hitting an all-time high of £217bn for the first time, new data from Savills reveals.
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Average house price has risen nearly £50,000 since start of 2020, says Halifax.
Despite the recent dip in UK house prices, the average price of a home in this country is up almost £50,000 on average since the beginning of the pandemic.
According to Halifax, which carried out the research, it is the equivalent of a 20.4% rise on average, as the country approaches.....
