The property ladder that's being pulled further away: First-time buyers see house prices jump £3,300 in a month, even as overall homes drop £3,500



First-time buyers are facing a struggle to get their feet on a housing ladder that's being pulled further away, as asking prices for their typical homes continue to spiral higher.
House-hunters taking their first steps into the market must stomach an average price hike of £3,256 on a two-bed property this month, according to figures from property listing website Rightmove.
That rise came despite the asking price of the average home across England and Wales dropping by £3,452 over the same period.
On a yearly basis, the leap in prices is even more severe, with the asking price of a typical... read more

 
14 November 2016 in Business, Views: 48
Source: Daily Mail
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