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Average UK house price tops £250,000 but ‘market starting to slow’

Proportion of sellers reducing asking price and time taken to sell have both increased, says ZooplaThe average price of a UK home has topped £250,000 for the first time, but the proportion of sellers reducing their asking price and the time taken to sell a home have both increased, according to Zoopla’s latest market index.The property company, which bases its monthly snapshot on a combination of sold prices, mortgage valuations and data for agreed sales, said the average cost of a home hit £250,200 in April, but that the pace of price growth was slowing. Continue reading…

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Read more…Average UK house price tops £250,000 but ‘market starting to slow’

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