Property portal Rightmove states that the 2022 property market across the UK continues to set new milestones for price and activity levels. This includes the price of property coming to market hitting a new record UK high for the third consecutive month.
Described as a 'spring market frenzy', Wales is once again at the top of the regional list recording the highest average house price increase year-on-year of 14.5%, and a monthly increase of 2.7%.
The property portal puts the UK average house price at £360,101, with research by the Principality building society indicating that the average house price in Wales is now £233,361.
