Asking prices for new sellers coming to market remained flat in May, according to Rightmove. For the first time, the property portal’s monthly index failed to register a May bounce, with the average asking price at £243,759. Prices are typically 2% higher than a year ago (April +3.4%) but enthusiasm among new buyers would appear [...]
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Asking prices flat as downtraders dominate housing market
Asking prices for new sellers coming to market remained flat in May, according to Rightmove. For the first time, the property portal’s monthly index failed to register a May bounce, with the average asking price at £243,759. Prices are typically 2% higher than a year ago (April +3.4%) but enthusiasm among new buyers would appear [...]
Asking prices beat 2008 levels
Asking prices have risen 2.9% in April, according to Rightmove, with the typical vendor raising their expectations by £6,798. At £243,737 the average asking price has, in fact, hit an all-time high, having risen 3.4% over the last 12 months to beat the previous record set in May 2008 by 0.5%. However, in London prices [...]
Asking prices beat 2008 levels
Asking prices have risen 2.9% in April, according to Rightmove, with the typical vendor raising their expectations by £6,798. At £243,737 the average asking price has, in fact, hit an all-time high, having risen 3.4% over the last 12 months to beat the previous record set in May 2008 by 0.5%. However, in London prices [...]
Asking prices up 1.6%
New sellers increased asking prices by 1.6% (an average £3,687) in March, according to Rightmove, with vendors’ ambitions up 4.9% over the first three months of the year, compared with the same period of 2011. The rise marks the largest first-quarter increase in asking prices since 2004 and as search activity has increased by 16% [...]
Asking price leap 4%
New sellers increased average asking prices by 4.1% (to £233,252) in February, according to Rightmove. The monthly surge was the strongest since April 2002, as sellers remained scarce. There was also evidence of increasing housing market confidence, backed by a rise in the number of mortgage products available with a 10% deposit (up a third [...]
Asking price leap 4%
New sellers increased average asking prices by 4.1% (to £233,252) in February, according to Rightmove. The monthly surge was the strongest since April 2002, as sellers remained scarce. There was also evidence of increasing housing market confidence, backed by a rise in the number of mortgage products available with a 10% deposit (up a third [...]
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 [...]
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 [...]
Asking prices tumble on economic uncertainty
The average asking price of a property coming to market has tumbled 3.1% (£7,528) in November, compared with a month earlier, marking the largest fall in cash terms since December 2007. According to Rightmove, 70% of home-movers believe now is a bad time to sell, with this month’s new listing down 11% on a year [...]
Asking prices up and down
New sellers coming to market upped their asking prices by an average 2.8% (or £6,533) in October, although the true story is one of a divided country. Asking prices in the south jumped by 4.7% compared with September, with the increase setting a new record, while in the north, new vendors shaved 0.7% off their [...]
Rightmove: asking prices up 0.7%
New sellers upped their asking prices 0.7% (or an average £1,596) in September, according to Rightmove. The rise follows falls in the previous two months and with the typical property currently marketed at £233,139, new sellers are expecting £7,255 less for their homes than at the start of the summer. The market continues to stagnate, [...]
Rightmove: asking prices highest for three years
According to latest figures from Rightmove, new sellers’ average asking prices are at their highest for almost three years, having risen 1.3% in May, following on from a 1.7% increase in April. The average home is being marketed at £238,874, or 1.5% below its May 2008 peak, although taking inflation into account asking prices are [...]
Rightmove reports “trouble on the terraces”
Tightening lending criteria has hit prospective buyers of terraced properties hardest, Rightmove reports, as they are least able to save the necessary deposits. In response, sellers of the typical first-time buyer terraced home are sitting tight, with new stock of this type of property down 31% in March, compared with pre credit-crunch levels. In addition, [...]
Asking prices up 0.8% in March
Housesellers coming to market increased asking prices by an average 0.8% in March, according to Rightmove. The typical home is being offered for sale at £231,790, up 0.9% on a year earlier, and new listings have risen 5%, compared with March 2010. However, the volume of properties put up for sale remains 26% down on [...]
Flat housing market to produce “limbo-landlords”
The shortage of private rental stock that has buoyed rents in recent months could ease if Rightmove’s outlook for 2011 proves accurate.
Yesterday the property portal reported that sellers coming to market increased prices 3.1% in February, compared with a month earlier.
However, mortgage lenders are shunning the average buyer and focusing on “bargain-hunting bottom-feeders” and the [...]
Asking prices up 3% as double-dip warning renewed
Rightmove has reported that sellers coming to market have increased prices 3.1% in February, compared with a month earlier.
The typical vendor is advertising a home for sale at £230,030, or 0.3% more than this time last year.
However, the property portal describes the market as “three-tier” because mortgage lenders are focused on “bargain-hunting bottom-feeders” and the [...]
Rightmove: asking prices nudge up in January
In its January House Price Index, Rightmove reports that average asking prices have risen to £223,121, following substantial falls (amounting to 6.2%) during November and December.
A scarcity of new sellers was behind the 0.3% increase in the average vendor’s ambitions, taking the annual rate of asking-price inflation to 0.4%.
According to the property portal, the number [...]
Rightmove: December asking prices down 3%
House sellers coming to market dropped their asking prices by 3% in December, to an average £222,410, according to Rightmove’s latest house price index.
Falls in asking prices have been recorded in five of the last six months, leaving the typical vendor’s ambitions a mere 0.4% up on December 2009, and the property portal expects the [...]
