Rightmove says figure has risen in May by 0.6% compared with April despite lower demand from new buyers

The average asking price of a UK home has hit a new record high for the second month in a row, with sellers seeking almost £380,000 on average in May, according to a property website.

Across Britain, the asking price for homes coming on to the market has risen by £2,335 or 0.6% in May compared with April, Rightmove found. This took the average asking price to a new record of £379,517, after a previous record was set last month.

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