Record number of homes sell over asking price

A third of properties sold for more than their asking price in April, the highest number on record. Research from NAEA Propertymark also found the number of people looking for a house was at the highest level in April since 2004, with an average of 427 buyers registered with every estate agent branch. Mark Hayward, chief policy adviser at NAEA Propertymark, said: "The continued imbalance of supply and demand is a concern and has led to a strong sellers' market."

City AM (12/06/2021)