Prospective first-time buyer levels at their highest for 12 months in Wales
Although first-time buyers numbers in Wales remain down on traditional levels, the upturn offers an encouraging sign that things may be improving.
Although first-time buyers numbers in Wales remain down on traditional levels, the upturn offers an encouraging sign that things may be improving.
In London the proportion was far higher that the national average with 42% of buyers stating they would be purchasing for the first time, an increase from 38.2% in Q1.
Rightmove’s most recent Consumer Confidence Survey has revealed some encouraging news that prospective first-time buyer levels are now at their highest for 12 months.
Our Q2 2011 First-Time Buyer Report was released this week and revealed that first-time buyer levels have reached their highest for 12 months. The results this quarter find that prospective first-time buyers are up to 26.2%, their highest since the 26.3% recorded in Q2 2010.
Rightmove’s second Consumer Confidence Survey of 2011 reveals a drop in the proportion of people expecting house prices to fall over the next year.
First-time buyers are coupling-up in increasing numbers in order to meet the costs of home ownership and get their foot on the property ladder.
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.