Average asking prices drop for the third consecutive month
New sellers coming to market in September dropped their average asking prices for the third consecutive month.
New sellers coming to market in September dropped their average asking prices for the third consecutive month.
Nearly seven out of ten (69%) prospective first-time buyers expecting to buy in the next 12 months are University educated.
The Olympics distraction did not deter new sellers from coming to market during August.
Property owners in the main Olympic borough have yet to see a tangible benefit in terms of an Olympic ‘house price legacy’.
Rightmove records that new sellers dropped their asking prices in London by an average of -3.6% (-£17,136) in July.
New sellers outnumber successful buyers by an average of nearly 2:1.
This economic downturn continues to surprise, with a third consecutive record for new sellers’ asking prices.
London has hit another all-time high asking price this month.