Shortage of London sellers ahead of the autumn selling season
New sellers have raised their asking prices by an average of 7.2% over the past year, a clear sign of the strength of the market in the capital.
House Price Index
Home-movers should act now to move before Christmas
September's House Price Index found that this month’s new sellers made up some of the holiday quarter’s lost ground by upping their average asking price by 0.7% (£1,596).
London housing market comes off the boil
New London sellers coming to market in August reduced their asking prices by an average of 3.4%. This leaves prices over £20,000 (4.7%) down from the record high that was seen as recently as two months ago.
Average asking prices drop for second consecutive month
New sellers’ asking prices in August dropped by 2.1% over the past month, a year-on-year fall of 0.3%, to leave the average asking price for a property in the UK at £231,543.
Average asking prices in Wales edge up by 0.9% in July
Rightmove’s House Price Index for July found that the average asking price for a property in Wales increased by 0.9% over the past month, bucking the national trend as overall UK prices saw their first fall in 2011.
London pauses for breath as average asking prices fall from peak
New London sellers coming to market in July set their asking prices on average 1.4% lower than those in June.
Average asking prices drop for the first time in 2011
Rightmove’s House Price Index for July found that the average asking price for a property in the UK dropped by 1.6% over the past month, the first fall in 2011.
Average asking prices in Wales drop by 1% in June
New sellers in Wales dropped their asking prices by an average of -1% in June to leave the average asking price for a property in Wales at £168,850. This was in contrast the overall national picture in the UK which saw average asking prices increase by 0.6% in the month.