The Rightmove National figures for property prices paints an interesting picture.
Greater London prices are the only ones to have dropped this month and have also shown a small reduction over the last 12 months.
The East of England is up over 5% with a monthly change of 2.8% which is pretty impressive. I believe this is attributable to the shortage of new listings locally and in fact Nationally. The shocking reality is that prices in central London are still over 4 times higher than in the North.
I read a piece this morning that stated that new stock onto the market is at an all time low and is the lowest on record for the National Association of Estate Agents.
If you would like to know more about property prices in Norwich then give us a call on 01603 673322