The latest Rightmove and property news
An October increase of 4.3% or less would have meant London prices fell year-on-year. However, the 18,497 sellers who came to the market in the last month increased their average asking prices by 5% compared to sellers in the previous month.
Welsh sellers coming to market in October went against the trend of the rest of the country by pricing their properties at -0.6% less than a month ago.
Home-owners are forking-out almost twice as much on their kitchens than any other part of the home, a new study by Rightmove can reveal.
On average London home-owners spent £35 in every £100 of their home improvement budget on the kitchen in the last 12 months, the largest proportion of spend in the country with the national average standing at £33.
On average Welsh home-owners spent £31 in every £100 of their home improvement budget on the kitchen in the last 12 months, although this was slightly lower than the national average of £33.
The latest Rightmove Consumer Confidence Survey finds that the proportion of people that expect prices to be higher one year from now has dropped from 50% to 41% since last quarter.
The latest Rightmove Consumer Confidence Survey finds that the proportion of people in Wales expecting prices to be higher one year from now has dropped from 50% to 35% since last quarter.
The latest Rightmove Consumer Confidence Survey finds that the proportion of people in Greater London expecting prices to be higher one year from now has dropped from 53% to 43% since last quarter.