The average asking price in the United Kingdom jumped 1.0 percent on month in June, property tracking website Rightmove said on Monday, standing at a record 246,235 pounds. That follows the flat monthly reading in May.
On a yearly basis, house prices jumped 2.4 percent after rising 2.0 percent in the previous month.
The spike in prices was due to a shortage in available properties in the London region, Rightmove noted.
"The better properties in the better areas remain in short supply, giving sellers of sought-after stock, and their agents, the confidence to come to market at a higher price," Rightmove director Miles Shipside said in a release accompanying the data.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.