Rightmove in the press – May 2012
The Rightmove House Price Index for May 2012 was recently released and revealed that asking prices had remained flat in May.
House Price Index
Growing market mismatch as two in five sellers state they are looking to trade down
Respondents who stated they intend to sell over the next 12 months were asked their main motivation for moving.
New sellers in London ask new record average price for the third consecutive month
London has hit another all-time high asking price this month.
Asking prices remain flat in May
The average asking price of property coming to the market remains virtually unchanged at £243,759, up just £22 (+0%) on last month.
London prices hit new high as usual burst of spring sellers fail to emerge
Property is coming onto the market in London at record asking prices this month.
London and South West help national asking prices to new record high
The national average asking price of property coming to market is now £243,737, breaking a previous record set nearly four years ago.
Price of an average home for sale in Kensington and Chelsea breaks £2 million barrier
New sellers’ asking prices in London have reached a new peak of £455,159, the result of a monthly rise of 1.3% (£5,907).
Average asking prices up 4.9% in the first three months of 2012
Early indicators suggest that property market activity in 2012 is on course to be more robust than in 2011.