Property selling prices edge closer to asking prices
In December the discount stood at 3.39%. It has since narrowed to 2.95%. What does this mean for buyers and sellers in the current market?
asking prices
Spring on hold as London prices pause for breath
Following 3 consecutive monthly rises, new sellers in London have trimmed their average asking prices for the first time in 2013.
Fourth consecutive monthly asking price rise
April saw a fourth successive monthly average asking price increase, with a 2.1% rise continuing the trend seen so far in 2013.
New record but lowest February increase in London since 2009
Average asking price in London were 1.2% (£6,000) higher this month at £486,890, another new record for London.
Market thawing
Sellers coming to market this month increased their average asking prices by 0.2% (+£440).
London’s best continue to bubble, but rest come off the boil
New sellers increased their average asking prices by 1.2% (+£5,638) this month.
Average asking prices down in November, but some positive signs for 2013
This month sees a drop of 2.6% (-£6,407) in the asking prices of properties coming to market.
Proportion of price optimists forecasting higher prices increases from 22% to 29%
The proportion of respondents expecting average asking prices to be higher a year from now has risen to 29%.