Rightmove says prices to rise 7% this year

By Joey Gardiner2020-10-19T09:22:00

Property portal makes prediction as it records another sharp monthly rise in prices

Rightmove has predicted a 7% rise in asking prices for 2020, having seen another steep rise in house prices in the past month.

The online property portal said prices rose by 1.1% between September and October to hit a record high, with prices now 5.5% up on the level seen a year ago. It is the highest annual rise in four years.

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