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.
Respondents who stated they intend to sell over the next 12 months were asked their main motivation for moving.
London has hit another all-time high asking price this month.
The average asking price of property coming to the market remains virtually unchanged at £243,759, up just £22 (+0%) on last month.
Property is coming onto the market in London at record asking prices this month.
The national average asking price of property coming to market is now £243,737, breaking a previous record set nearly four years ago.
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).
Early indicators suggest that property market activity in 2012 is on course to be more robust than in 2011.
There is evidence of a 'spring bounce' in the price of properties in London with a monthly rise in new seller asking prices of 2.5%.