Monday, May 16, 2011
HOUSE asking prices have risen to their highest level for nearly three years, with some owners demanding unrealistic amounts. The average asking price rose to Â£238,874 in May, up 1.3 per cent on April. It is at its highest level since June 2008, according to Rightmove. The hike comes as the number of houses going on the market fell 30%, leading some agents to agree to market homes at unrealistic prices as they competed for scarcer new listings.