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Good News on House Prices: "Record high London asking prices driving property upturn"

Link to Evening Standard

"Record high London asking prices are driving a widespread upturn in the country's property market, a leading property website said today.

"House sellers' average asking prices have broken through the quarter of a million pounds milestone for the first time, while in London the average surged past half a million to reach £515,243.

"The new record meant that new sellers coming to market were asking £252,798 on average in June, representing a 1.2 per cent month-on-month increase on a previous record set in May, property website Rightmove said."

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