No letup in housing market, says Rightmove

That gap has pushed house prices up to an average of £188,962 across all regions in England and Wales, with average prices gaining 2.4% in the past month alone. Average annualised inflation is running at 15.6%, but it is above 20% in five of the 10 regions surveyed. Rightmove says it sees no slowdown in sight unless the gap between demand for housing and supply can be closed. The market is also up strongly this year because trades are being completed that were put off last year in the run-up to war in Iraq, Rightmove says. Those who did not move last year are now looking for pro...