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.
housing market
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.
Home-movers believe prices are still above ‘fair and reasonable’ levels
The overwhelming view is that property prices will be the same or higher in a years’ time.
House price optimism is on the up
More than a third of respondents (35%) expect house prices to be higher one year from now.
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.
New Year home-hunters are setting new traffic records for Rightmove
Website traffic on Rightmove is hitting new all-time highs as new year home-hunters turn their attention to the property market in record numbers. Rightmove served over 34 million pages of traffic on Monday 16th January.