Rat and Mouse
Mon
16
Apr
And we're back… with a market report

Lovely few days in Florence, thank you. They have churches, you know.

And we're back to some market report madness, and a Rightmove asking price index bulging at a new national high. That's correct. According to the vendors, there's never, ever, been a better time to sell your home. London asking prices rose 2.1% in April, helping bring the national figure up 2.9% in the month, leaving it up 3.4% across 12 months and at a new all-time high 0.5% above its previous May 2008 peak.

Needless to say, it's more complicated that that. Inflation has scooped 11.5% from the value of money since spring 2008, so… seen in those terms… asking prices have actually failed to keep up. It's also a massively regional picture, with Wales 12.3% off its peak, even before accounting for inflation. For a closer look at the figures, get your own copy of the report here.

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