Prime prop­erty on moveafter elec­tion

Yorkshire Post - Property - - PROPERTY -

The out­come of the Gen­eral Elec­tion has served as an ad­di­tional boost to the prime prop­erty mar­ket over the past month, with both buyer and seller ac­tiv­ity in­creas­ing, ac­cord­ing to Prime­lo­ca­tion.com.

They say the value of prime prop­erty rose by one per cent in June to £456,983, with an­nual growth of 1.1 per cent.

London ex­pe­ri­enced high monthly price growth in the prime mar­ket, with a four per cent in­crease in June, tak­ing av­er­age prices up to £1,146,755. All 10 re­gional prime mar­kets also saw ask­ing prices in­crease, with Scot­land (1.7 per cent) and York­shire and the Hum­ber (1.5 per cent) the top per­form­ers.

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