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Industry comment on the latest Rightmove House Price Index

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Founder and CEO of Springbok Properties, Shepherd Ncube, commented: “These latest figures suggest that a degree of seller optimism has returned to the UK market with a consistent increase in asking prices so far this year pushing the national average close to a new record. However, sellers should still approach with an air of caution…

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Rightmove House Price Index

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Price Of Property Coming To Market Within A Whisker Of New Record   The price of newly-marketed property rises by an average of 0.3% (+£1,058) this month New all-time price highs in East Midlands, North West, Wales and Yorkshire & the Humber push the national average to within £91 of a new record despite backdrop…

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No Brexit deal yet, but families are doing housing deals

Price of new-to-the market properties increases by an average of 1.1% (+£3,447) this month, the biggest month-on-month rise for over a year and the largest at this time of year since 2016 Family home sector outperforming other sectors in key metrics as their housing needs outweigh uncertainty: Holding value better, with average 0.7% year-on-year price…

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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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