London prices hit all-time high as new sellers ask £8k more
Rightmove’s London House Price Index for June finds that the strength of the market in the capital continues, leading to a new record high average asking price.
sellers
Average asking prices increase for the sixth consecutive month
June saw Rightmove record the sixth consecutive monthly rise in new sellers’ average asking prices, up by 0.6%.
Property Wisdom – Bag a genuine bargain
In the current buyer’s market, it’s just as unpleasant to get more than you bargained for than less, so keep your eyes and ears open when house hunting, says property expert, Laura Henderson.
Riding the IT Wave
I think it’s fair to say that estate agency as an industry isn’t renowned for being cutting edge in many aspects of its business. So that’s why I’m quietly impressed at how we at Fine & Country are embracing some of the new technologies and social trends that are around at the moment.
House prices overvalued say consumers, but just 1 in 4 forecasts a fall
Rightmove’s second Consumer Confidence Survey of 2011 reveals a drop in the proportion of people expecting house prices to fall over the next year.
Average asking prices in Wales increase 2.1% in April
Average asking prices in Wales increased by 2.1% in April to £167,532. The increase came despite unsold stock levels seeing their biggest increase for four years, from 70 to 74 properties.
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.
London millionaires scramble to save on stamp duty
London sellers coming to market in March asked on average 1.5% less for their properties than sellers the month before. However, new sellers’ asking prices have still recorded gains of 3.8% in the first quarter of 2011 as the London housing market gets off to a buoyant start.