Rightmove (HPI) report June 2016
June 20, 2016
Rightmove released their House Price Index (HPI) report earlier today with the headlines “Asking prices hit record high despite looming EU vote”
In the report they highlight: Housing market momentum pushes price of property coming to market up by 0.8% (+£2,320) to new high of £310,471
Desire to buy and lack of supply lead to fall in time to sell to 57 days, the fastest ever measured by Rightmove
Some signs of referendum-associated uncertainty with fewer new sellers coming to market: newly-marketed property numbers down 5.3% compared to average at this time of year, most reluctant are owners of larger homes (four or more bedrooms), down 6.6% on the average
To read the Rightmove House Price Index report in full click here
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