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