August 2015

[hpi-table this_month=”August” this_months_change=”-0.8″ this_month_yearly_change=”+6.4″ this_month_ave_price=”292,284″ last_month=”July” last_months_change=”+0.1″ last_month_yearly_change=”+5.1″ last_month_ave_price=”294,542″]

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  • Seasonal August price fall more muted than usual, with price of property coming to market down by just 0.8% (-£2,258) compared to post-credit-crunch average August fall of 1.5%
  • Shortage of new sellers (down 8% on same period in 2014) and active buyers help to minimise usual summer holiday price falls, and result in least generous August price discount from sellers since 2007
  • Rightmove research establishes stay-away sellers’ top three reasons for not yet putting their move into motion:
  • 1: They cannot find anywhere they want to buy
  • 2: The costs of moving
  • 3: They cannot find a property they can afford

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