Optimism for 2013 in spite of largest ever monthly fall
New sellers have chopped an average of £7,772 (-3.3%) off asking prices this month.
House Price Index
Only 17% of sellers would invest in a house makeover, even if it meant they would achieve a higher price
Competition among sellers for mortgage-ready or cash buyers looks set to remain fierce in many markets in 2013.
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.
Prime London ‘price bubble’ fuels new record asking price
London saw a 4.8% (+£21,834) jump in average new seller asking prices during October, the biggest monthly increase since the 5.2% increase seen in October of last year.
Asking prices jump by 3.5%
October saw a 3.5% (+£8,310) jump in new seller average asking prices, the biggest increase for eight months.
London’s ‘best addresses’ take a hit in summer slowdown
The average asking price of property coming to market in London rose marginally this month, by just 0.3% (-£1,362).
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.
Olympic lull contributes to largest ever August price drop
The Olympics distraction did not deter new sellers from coming to market during August.