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.
New sellers have chopped an average of £7,772 (-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.
Rightmove’s first-time buyer forecast reveals that 25% of those who intend to purchase in the next 12 months will be doing so for the first time.
London saw a 4.8% (+£21,834) jump in average new seller asking prices during October, the biggest monthly increase since the 5.2% increase seen in October of last year.
October saw a 3.5% (+£8,310) jump in new seller average asking prices, the biggest increase for eight months.
Check out our infographic to see the what’s changed at a glance.
The outside of a home can make a big impact and never more so than the front door itself.
Sellers are being warned not to risk over-pricing during the autumn market.