Consumer Confidence Survey

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CCS Quarter 1 2011

House price forecast – one year from now

  •  Q1 January 2011 Last quarterLast year
  • House prices to go up24.2%-2.7%-29.4%
  • House prices to stay the same38%2.2%8.1%
  • House prices to go down32.3%0.3%19.7%

Is it currently a good time to buy?

  •  Q1 January 2011 Last quarterLast year
  • Currently a good time to buy60.4%0.2%-1.6%
  • Better in one year to buy25.5%-1.4% -0.5%

Is it currently a good time to sell?

  •  Q1 January 2011 Last quarterLast year
  • Currently a good time to sell5%-1.0%-0.7%
  • Better in one year to sell29.6%0% -20.8%

View appendix

About this survey

The data presented as part of this release is taken from the quarterly Rightmove Consumer Confidence Survey. The survey seeks the views and attitudes of home-movers towards a key British obsession – the housing market. Started in early 2009, more than 120,000 people responded to the survey in its first year alone. The Rightmove Consumer Confidence Survey provides a UK-wide picture of home-mover confidence by collecting opinions on a range of factors affecting the housing market and perceptions of it. As one of the Top 20 most visited websites in the UK, Rightmove attracts a wide demographic and one that very closely matches the working-age profile of the UK. Rather than purely seeking the views of those currently active in the housing market, Rightmove’s database ensures a much wider, more representative sample. All responses were completed via an online questionnaire between Monday, 5th July and Monday, 19th of July 2010. A total of 22,010 responses were received from respondents during this time. Data is weighted using Census data available from the Office for National Statistics to help ensure the results are representative of the UK and its regions. regional-breakdown
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