Property selling prices edge closer to asking prices
In December the discount stood at 3.39%. It has since narrowed to 2.95%. What does this mean for buyers and sellers in the current market?
HPI
Spring on hold as London prices pause for breath
Following 3 consecutive monthly rises, new sellers in London have trimmed their average asking prices for the first time in 2013.
Fourth consecutive monthly asking price rise
April saw a fourth successive monthly average asking price increase, with a 2.1% rise continuing the trend seen so far in 2013.
April House Price Index Infographic
Our infographic provides a breakdown of how prices are performing across each region and property type.
Rightmove in the press – February 2013
See how the national newspapers reported Rightmove's February House Price Index.
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.
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.