Prices go off the boil as supply and demand find a better balance
Following substantial increases in the price of property coming to market in 2014, June sees a marked change with prices at a virtual standstill.
Following substantial increases in the price of property coming to market in 2014, June sees a marked change with prices at a virtual standstill.
Although first-time buyers numbers in Wales remain down on traditional levels, the upturn offers an encouraging sign that things may be improving.
In London the proportion was far higher that the national average with 42% of buyers stating they would be purchasing for the first time, an increase from 38.2% in Q1.
Rightmove’s most recent Consumer Confidence Survey has revealed some encouraging news that prospective first-time buyer levels are now at their highest for 12 months.
Our Q2 2011 First-Time Buyer Report was released this week and revealed that first-time buyer levels have reached their highest for 12 months. The results this quarter find that prospective first-time buyers are up to 26.2%, their highest since the 26.3% recorded in Q2 2010.