Prospective first-time buyer levels at their highest for 12 months in Wales
Although first-time buyers numbers in Wales remain down on traditional levels, the upturn offers an encouraging sign that things may be improving.
Wales
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 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.
Most viewed properties in Wales on Rightmove in 2011!
Check out the most viewed properties in Wales on Rightmove so far this year!
First-time buyer levels in Wales now below 1 in 5
Rightmove’ Q1 First-Time Buyer Report finds that the proportion of buyers intending to purchase for the first time over the year ahead in Wales stands at less than one-in-five. Prospective first-time buyer levels dropped from 18.4% in the final quarter of 2010, to just 18.7% in Q1 2011.
Is this Wales’ most unique council house?
Swansea Council has put this former park keeper’s lodge in Byrnmill on the market for £120,000. Singleton Park Lodge can be found by the entrance of the park and is within walking distance of Swansea beach.
Welsh market avoids large price falls of the rest of the country
Average asking prices in Wales dropped by -1.3% in the past month as the market in Wales avoided the more heavy falls seen across the UK. The national average asking price dropped by -3.2% as the slow-moving market forced sellers to try and tempt buyers to move before the Christmas slowdown takes hold.
Welsh tourist attraction up for grabs
Boasting breath-taking views of the crystal clear sea and flanked by acres of woodland, Waterwynch house is a cash-rich buyers paradise. And the stunning estate in Pembrokeshire that has played a major role in Welsh tourism for the past 200 years is now officially on the market!