Latest data from property search portal Rightmove suggests that the price of properties which have been listed for sale over the last four weeks have reached a new high, rising by 0.8 per cent on a monthly basis, leading to an average increase of £2,589, which is just £40 short of the record high seen in June 2018. This appears to be the result of the number of properties available for sale failing to keep pace with buyer demand, even though the number of new sellers coming to the market rose by 2.1 per cent over the course of the past month.

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