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Evening Standard
Evening Standard
Business
Bradley Gerrard

Rightmove: ‘Frenzy’ in housing market as London prices hit new record high

Asking prices continue to climb higher despite mounting headwinds for the property market

(Picture: PA Wire)

Record property prices have pushed the housing market into a “frenzy” as the amount people paying for new homes continues to rise.

The price of properties coming to the market hit a new record high for the third consecutive month in April, according to property website Rightmove, rising by 1.6%, or £5,537, to hit £360,10.

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