Shortage tips house prices 2.8pc higher October 18, 2009 AVERAGE asking prices in the UK are now higher than they were a year ago as a shortage of stock pushed up property prices by 2.8 per cent, the biggest October rise in six years, according to recent data from Rightmove. London asking prices also surged by 6.5 per cent to a record high of [...]
Shortage tips house prices 2.8pc higher October 18, 2009 AVERAGE asking prices in the UK are now higher than they were a year ago as a shortage of stock pushed up property prices by 2.8 per cent, the biggest October rise in six years, according to recent data from Rightmove. London asking prices also surged by 6.5 per cent to a record high of [...]
Sellers raise asking prices September 20, 2009 THE average asking price for a UK property rose 0.6 per cent in September on the previous month, trimming the annual decline to 1.5 per cent as a shortage of stock boosted sellers’ expectations. According to figures from property website Rightmove published today, sellers are now asking an average of £223,996 for their homes as [...]
Rio Tinto to dominate week amid thin corporate calender August 16, 2009 Many heavyweight companies have reported and there are signs of things tailing off as we head towards August bank holiday. However, that is not to say that the corporate calendar will not give the market plenty to digest. Car dealers Pendragon and Lookers will give some insight into the effectiveness of the government’s car scrappage [...]
Asking prices fall despite lack of stock August 16, 2009 AVERAGE asking prices slipped back in August despite a scarcity of fresh stock and record search activity, according to property website Rightmove. Rightmove figures showed a 2.2 per cent fall in new sellers’ asking prices as summer sellers price more realistically, putting the average property asking price at £222,762. The yearly decline remained at 3.1 [...]
Asking prices fall despite lack of stock August 16, 2009 AVERAGE asking prices slipped back in August despite a scarcity of fresh stock and record search activity, according to property website Rightmove. Rightmove figures showed a 2.2 per cent fall in new sellers’ asking prices as summer sellers price more realistically, putting the average property asking price at £222,762. The yearly decline remained at 3.1 [...]
Redevelopment makes Croydon a property hotspot August 6, 2009 WITH most parts of the country in the property doldrums at the moment, there are not too many places that look like clever investments. One that is bucking the trend is Croydon, which will be the next UK city to undergo a serious regeneration. There are plans to inject £3.5bn into the city over the [...]
London house asking prices turn positive July 19, 2009 AVERAGE asking prices for properties in London are higher now than they were a year ago, while the yearly decline for England and Wales was trimmed to 3.1 per cent, according to property website Rightmove. Rightmove figures show that the average asking price for a UK house rose by 0.6 per cent in July on [...]
House asking prices slip back in June June 21, 2009 THE average asking price of a UK property has fallen by 0.4 per cent this month, according to data from property website Rightmove, ending the string of good housing data over the past few weeks. June marked the first fall in five months due to hesitation by sellers and continued tight credit conditions. But on [...]
Don’t expect miracles in housing market June 11, 2009 IT is beginning to look as if house prices won’t be falling much further. This won’t be of any use to the one in ten Brits that have already been plunged into negative equity, however; and even if the market reaches bottom this year, it will struggle in 2010. We must hope, for the sake [...]