Posts by Rightmove
Sales still strong, but prices fall in June for first time since 2009
The number of sales agreed at this time of year is the second highest for ten years, only slightly lower than the high of May 2014 However, spring price momentum stalls as price of property coming to market drops by 0.4% (-£1,172), the first fall in June since 2009 at the height of the credit…
Read MoreRightmove House Price Index – Another price record is set:
Rightmove House Price Index – Another price record is set as the under-elevens keep the market moving: Price of property coming to market rises for fifth consecutive month, up 1.2% (+£3,626) to a new record Typical family homes see biggest price rise, recording a 5.4% year-on-year jump Home-owners with children under eleven keep the market…
Read MoreNew price record and best sales since 2007 should mitigate pre-election jitters
Price of property coming to market hits record high, up 1.1% (+£3,547) to £313,655 this month, though lower than the average increase of 1.6% at this time of year over the past seven years Overall annual pace of increase continues to slow, now at 2.2%, the lowest for four years: First-time buyer sector is driving…
Read More12% jump in number of available rental properties leads to slowest annual rate of increase since 2014
Over-hang of last year’s buy-to-let surge leads to more choice for tenants and slower annual rate of increase in rents: Number of available rental properties on Rightmove up 12% compared to the same period last year Annual asking rent growth of 1.8% is the lowest since Q4 2014, and less than half the annual growth…
Read MoreParents paying £52,000 more on a home to secure a place at an outstanding state primary school
With 86% of ‘outstanding’ state primary schools oversubscribed in England2, parents are paying an average asking price premium of £52,000 to live in the successful admission area of one This 18% price premium is compared to living in admission areas of Ofsted grade 3 schools The ‘Primary School Premium’ study combines the largest asking prices…
Read MoreMidlands leads the country as price of property coming to market jumps 1.3%
Price of property coming to market increases by 1.3% (+£3,877) this month, the same average rise as in buy-to-let-boosted March 2016 Monthly rise of this size has only been exceeded once at this time of year since 2007 Modest annual growth of 2.3% compared to 7.6% in March 2016, highlighting slower pace of increase…
Read MoreLowest annual increase since 2013 gives warning to over-pricing sellers
Annual rate of increase lowest since April 2013 at +2.3%, though overall demand remains strong: Rightmove traffic at record January levels, with visits up 3% on January 2016’s buy-to-let boosted period Investor sectors understandably quieter than this time last year on number of properties coming to market and number of properties sold Slower rate of…
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