Early indications from Rightmove suggest strong interest from potential home buyers in 2012, despite the lack of mortgage finance. Search activity on the property portal shot up 27% in the first 10 days of January, compared with a year earlier. However, the supply of new homes for sale hit a record low, with an average [...]
asking price
Sharp rise in home buyer interest
Early indications from Rightmove suggest strong interest from potential home buyers in 2012, despite the lack of mortgage finance. Search activity on the property portal shot up 27% in the first 10 days of January, compared with a year earlier. However, the supply of new homes for sale hit a record low, with an average [...]
Hometrack: house prices slip in March
Hometrack’s latest survey shows house prices across England and Wales falling by 0.1% in March, compared with February, taking the value of the typical home down to £153,100. Twenty-seven per cent of post codes registered falling prices leaving 8% recording rises, including London which saw the first uplift for eight months (+0.2%), on the back [...]
Hometrack: agreed house sales up 25%
Demand for housing jumped by 14.7% in February, the first increase for eight months, according to new figures from Hometrack, which also show the supply of homes for sale rising 7.5%, compared with January, the highest monthly increase for three years.
A mix of seasonal and pent-up demand resulted in estate agents reporting a 25% rise [...]
Hometrack: house prices down 1.6% in 2010
House prices in England and Wales fell by 0.4% during December, with 36% of postcodes recording declining prices, according to Hometrack.
Overall, the value of the average home ended 2010 down 1.6%, with 71% of the country seeing prices dip on an annual basis.
However, across 15% of postcodes (notably London and the South East) prices [...]
