Market still on the up

LETTER OF THE DAY: Housing - more needs to be done

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The housing market revival continued in August despite the month seeing the first dip in sellers’ asking prices this year so far, a property website has reported.

Asking prices edged down by 1.8 per cent month-on-month to £249,199 on average – but price increases seen over the last seven months means that they are still £20,000 higher now than at the start of 2013, Rightmove said.