The average price of homes coming on the market in Britain stabilised in March and activity is picking up towards more normal pre-pandemic levels after last year’s “mini-budget” upheaval, a survey showed on Monday.
Property portal Rightmove said asking prices for homes rose by a monthly 0.8% in March after the weakest February in records going back to 2001 when they flat-lined.
However, this month’s growth was below the 1.0% average monthly increase for March over the last 20 years with property sellers more cautious than usual about pricing.
Real Estate Credit Investments Limited (LON:RECI) is a closed-ended investment company which originates and invests in real estate debt secured by commercial or residential properties in Western Europe, focusing primarily on the United Kingdom, France and Germany.
