The newest house price data from online property portal Rightmove shows that the market has delivered a 'full house' for the first time since March 2007.
This term means that there have been record prices in all regions of Great Britain and in all three property market sectors as defined by the website - first-time buyer, second stepper and top of the ladder.
The trend for a month-on-month house price rise continues too, with the price of property coming to market jumping by 1.8% (+£5,983) this month, the biggest rise at this time of year since October 2015, Rightmove reports.
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The 'full house' property market is attributed, in part, to t he continued fast turnover of property for sale continuing the housing stock shortage, coupled with a window of opportunity to buy before a potential interest rate rise.
This situation seems to have overcome the final expiry of all stamp duty incentives, including the land transaction tax in Wales, and is keeping activity robust.
In these 'full house' market conditions, with many homes being snapped up quickly and sellers having a choice of competing buyers, those buyers who have already sold their own property subject to contract or have nothing to sell will have the most powerful negotiating position to secure their ideal home.
There are many examples of the overheated property market resulting in frustration for buyers in Wales and a shortage of stock. Find out more about that here.
Tim Bannister, Rightmove's director of property data, comments: "Competition for property for sale remains hot this autumn, but this 'full house' is an extremely rare event.
"Although more properties are coming to market, the level is still not enough to replenish the stock that's being snapped up.
"Consequently, new price records have been set across the board, with every region of Great Britain and all of the three market sectors hitting all time highs.
"The stock shortages started after the first lockdown, and they look set to continue with the underlying housing market fundamentals remaining strong, and an additional incentive to buy and fix your mortgage interest rate before a widely expected rate rise.
"Mortgage interest rates are lower than they have ever been before and lenders are keen to lend in a competitive market."
Rightmove states that the window is also open for movers who wish to sell and buy again before a likely interest rate rise, which is widely expected by many property professionals as the Bank of England seeks to control resurgent inflation.
Wales continues to be the top region with last month's percentage increase at 2.3%, matched only by the north west region, but the year-on-year growth of 11.3% is still higher than any other region in Great Britain.
The average house price in Wales now stands, according to Rightmove, at £237,830.
Rightmove house price index regional monthly and year on year increase per region:
