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    Home » UK House Prices Rise in All Regions for the First Time Since March 2007
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    UK House Prices Rise in All Regions for the First Time Since March 2007

    October 18, 20211 Min Read
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    Close-up of a businessman's hand placing house models on increasing blue arrow staircase
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    The newest house price data from the online property portal Rightmove reveals that the market has led to a ‘full house’ for the first time starting March 2007.

    • The rising trend for a month-on-month house price continued, with the price of property coming to market up by 1.8% (+£5,983) this month, the biggest rise at this time of the year.
    • The ‘full house’ property market is attributed to the constant fast turnover of property for sale, continuing the shortage of housing stock, alongside a window of opportunity to buy before a likely interest rate hike.
    • Tim Bannister, Rightmove’s director of property data, stated that competition for property for sale is still hot this autumn, but this ‘full house’ is a rare occurrence.

    Wales remains at the top of the region with last month’s percentage increase at 2.3%, only closely matched by the North West region, but the year-on-year growth of 11.3% is still higher than any other part of Great Britain.

    FTSE 100 down -0.31%, GBP USD down -0.08%Source: Rightmove

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