‘Frenzied activity’ pushes prices up 6.7% in six months, says Rightmove

House prices

Shortfall in homes coming on the market and high demand is fuelling high prices, says property website

House prices have risen 6.7% in just six months as fewer homes are being put on the market, Rightmove has said.

The property website said that the average asking price was £338,447 in July, a year-on-year increase of 5.7%. The average price is £21,389 higher than it was six months ago.

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