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Posts by Rightmove

Usual spring buoyancy weighed down by Brexit uncertainty

The average price of property coming to market rises by just 0.4% (+£1,287) this month, as the traditionally busier spring market gets off to a subdued start: Lowest average monthly rise at this time of year since 2011, though London is the main drag Prices remain more buoyant outside London with nine out of 11…

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Housing affordability improves at fastest rate for eight years

National average price of newly-marketed property rises by 0.7% (+£1,981) this month, consistent with the average 0.6% February uplift in the previous two years With the average annual rate of growth at only 0.2% (+£714), annual wage growth of 3.4%* is now outstripping asking prices at the fastest rate since 2011, improving buyer affordability New…

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Muted rise in prices but market moving with 5% uplift in home-hunting

First data-driven indicators of the year show home-movers remain active: Price of property coming to market rises by 0.4% (+£1,207) this month, the lowest monthly rise at this time of year since January 2012 National average dragged down by new-to-the-market sellers realising they have less pricing power than usual given the current market backdrop, especially…

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3.2% price fall over last two months tempts bargain-hunting buyers

  The price of property coming to market drops by 1.5% (-£4,496) this month with new seller asking prices now on average nearly £10,000 lower than in October This is the biggest fall over two consecutive months since 2012, as sellers try to attract buyers despite a combination of the usual Christmas slowdown, stretched affordability…

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Some positive signs for Autumn market including start of London recovery

A monthly rise of 0.7% (+£2,088) in the price of newly-marketed property matches the average for September since 2011, though the annual rise remains muted at 1.2% Autumn market has stronger momentum in areas with better affordability and sentiment, with Wales, East Midlands, West Midlands and Yorkshire & the Humber all recording average annual price…

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Home-movers need to act now to move by Christmas

· Average asking prices of newly-marketed property show seasonal drop of 2.3% (-£7,218) this month, as new sellers launch a ‘late summer sale’ to try and find a buyer more quickly · Year-on-year sales agreed numbers (-0.8%) are holding steady with some upturn in prices and buyer activity expected in the Autumn, especially if buyers…

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