Average price tag on a home jumped by £852 in January, says Rightmove

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The average asking price for first-time buyer homes hit a new record of £214,176 in January, Rightmove said.

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The number of buyers inquiring about homes generally is 15% higher than a year ago, Rightmove said. But the average stock of available properties per estate agency branch is at a record low of just 12, it added.

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