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Evening Standard
Evening Standard
Business
Mark Banham

House prices hit sixth consecutive record as housing crisis bites

The average house price has risen by £1,354

(Picture: Daniel Lynch)

The housing crisis shows no sign of abating with the average price of property coming to market has hit a sixth consecutive record, rising by 0.4% to £369,968 adding another £1,354 to the price of a home, according to data from Rightmove. 

A continuing desire to move and low numbers of supply of homes for sale have driven further price growth even at a time when personal finances are becoming increasingly stretched due to ongoing cost of living challenges for the British public. 

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