Amidst all the talk of falling house prices and a collapsing housing market. Rightmove reported an unexpected increase in house prices in April of 1.2%. This rise seems to defy the gloomy prediction of a house price collapse and as we have argued, house prices in the UK are not overvalued as many claim.

However, it is worth noting that these statistics reflect asking prices, rather than sale prices and many homeowners are having to settle for prices lower than what they ask for.