Rightmove: New year boost for property asking prices

Asking prices are starting to rise again as mortgage rates drop – is now the time to sell a property?

Couple looking at estate agent window
(Image credit: Getty Images)

Property sellers have started the new year in a confident mood, with asking prices rising 1.3% in the first two weeks of January, Rightmove data reveals.

Average asking prices typically rise from a quiet December into a busier January, the property website said, but this increase is the largest for January since 2020 and more than double the 20-year average of 0.6%. 

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Marc Shoffman
Contributing editor

Marc Shoffman is an award-winning freelance journalist specialising in business, personal finance and property. His work has appeared in print and online publications ranging from FT Business to The Times, Mail on Sunday and the i newspaper. He also co-presents the In For A Penny financial planning podcast.