Monday 20th June Rightmove House Price Index - Industry reaction The latest index shows that: -
Price of property coming to market hits a fifth consecutive record of £368,614, albeit only up by a modest 0.3% in the month (+£1,113), as the pace of price growth slows
Affordability constraints, a better balance between supply and demand, and usual seasonal price drops will
Managing Director of Barrows and Forrester , James Forrester, commented:
“It’s to be expected that the astronomic rates of house price growth seen since the introduction of the stamp duty holiday will now start to subside as we approach the final deadline. But don’t be fooled into thinking the market will now deflate like a cheap birthday balloon.
