House price confidence is strongly influenced by mortgage-related factors
There is evidence that house price confidence is steered by their interpretation of mortgage availability.
There is evidence that house price confidence is steered by their interpretation of mortgage availability.
More than a third of respondents (35%) expect house prices to be higher one year from now.
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%.
This February’s 4.1% (£9,192) increase is the highest monthly rise Rightmove has recorded since April 2002, a surprisingly strong uplift given the challenging economic environment.