Property asking prices have hit a new record high in June, property website rightmove reports. Indeed, asking prices jumped by a record amount for a single month, with prices jumping 3%. Rightmove has put this jump down to the surprise stability of the Conservatives winning an outright majority in the election.


The exception to the rule is £2 million-plus properties, with an impressive 86% increase in listings month-on-month. Six out of 10 regions have set new record price highs this month as the supply and demand imbalance continues to head further north. The number of properties being put up for sale are down 8.5% compared to this time last year.


As well as the four southern regions, both the East Midlands and West Midlands reached all-time highs this month.




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