U.K. house asking prices reach record high

Note: This section contains information in English only.
Source: Dukascopy Bank SA
"It is likely we have seen the last of record asking prices for the remainder of 2012"
- Miles Shipside, director at Rightmove

U.K. house asking prices rose 1.0 per cent to 246,235 pounds in June, announced Monday the Rightmove Plc, owner of the U.K.'s largest residential property web site.

"While the national average price of property coming to market has set new records in each of the last three months, sellers should not break out the bunting in celebration until they have done their homework," said Miles Shipside, director at Rightmove.

"It remains a very local market ruled by property style and location. Cutting your asking price to be cheaper than your competition and promoting your selling points better will be the key to avoid being an also-ran in the race to sell."

© Dukascopy Bank SA

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