November asking prices drop by 3.1%
This month’s statistics from Rightmove highlight how the relentless stream of economic uncertainty around the Eurozone crisis has influenced decisions when it comes to moving home.
property market
London housing market comes off the boil
New London sellers coming to market in August reduced their asking prices by an average of 3.4%. This leaves prices over £20,000 (4.7%) down from the record high that was seen as recently as two months ago.
Average asking prices in London hit all time high
London’s spring sellers have felt sufficiently confident to market their properties at an average of £431,013, a new asking price record.
Average asking prices in Wales nudge up 0.3% in March
After a couple of months of uncertainty, estate agents are now reporting that the higher levels of enquiries and viewings experienced in January and February are slowly converting into more concrete offers and agreed sales. Search activity on Rightmove broke previous records in three out of the four weeks of February.
UK average asking prices nudge up 0.8% in March
After a couple of months of uncertainty, estate agents are now reporting that the higher levels of enquiries and viewings experienced in January and February are slowly converting into more concrete offers and agreed sales. Search activity on Rightmove broke previous records in three out of the four weeks of February.