The average price tag on a home reached a record high of £375,131 in May, according to Rightmove. Across Britain, the price of a property coming to market rose 0.8%, or £2,807, month-on-month. Pent-up demand from would-be buyers who paused their plans last year is a key driver behind increased home mover activity despite mortgage rates remaining elevated for longer than anticipated, Rightmove said. The number of sales being agreed during the first four months of the year is 17% higher than last year. May is typically a strong month for price growth, with new price records having been set in May in 12 of the previous ... (full story)