Bloomberg: London Asking Prices at Record as Scrapped Rules Prompt ‘Party’

House Price Crash News Blog

Published 2010-06-21 01:06:02

Rightmove figures show asking prices rose in June for the sixth month in a row, but at a lower pace than in May. London home sellers raised asking prices to a record as they sought to tap the housing-market recovery and benefit from the scrapping of costly disclosure rules. “There is a bit a post-HIP party atmosphere, with estate agents glad to restock their shelves and new sellers willing to give moving a go with fewer cost commitments,” Miles Shipside, Rightmove’s commercial director

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(House Price Crash News Blog)

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