The Rightmove House Price Index – The Facts
Since launching in 2002 the House Price Index has grown to become a major voice in reflecting current trends within the UK property market.
Since launching in 2002 the House Price Index has grown to become a major voice in reflecting current trends within the UK property market.
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?
Following 3 consecutive monthly rises, new sellers in London have trimmed their average asking prices for the first time in 2013.
April saw a fourth successive monthly average asking price increase, with a 2.1% rise continuing the trend seen so far in 2013.
Our infographic provides a breakdown of how prices are performing across each region and property type.
See how the national newspapers reported Rightmove's February House Price Index.
New sellers have chopped an average of ÂŁ7,772 (-3.3%) off asking prices this month.
Competition among sellers for mortgage-ready or cash buyers looks set to remain fierce in many markets in 2013.