News Tag: asking price
March 2, 2010
Hometrack has reported a 0.3% rise in house prices in February, compared to January.
Southern England continued to see the greatest upward pressure on prices, with average values in London up by 0.7% in the month.
According to the housing intelligence firm, February also saw the first year-on-year rise since March 2008, at 0.4%, and the survey shows prices rising across ...
Hometrack puts February house prices 0.3% ahead
by Gill Montia
February 16, 2010
Rightmove has reported that a scarcity of new sellers bumped up asking prices by 3.2% in the four weeks to mid-February, taking the average asking price for a UK home to £229,298.
The figure compares with £222,261 in January, which saw a monthly change of 0.4%.
The leap set a new record for London at £427,987, and the property portal ...
Average asking price of a UK home up 3.2%
by Gill Montia
December 15, 2009
Rightmove has reported that the average asking price for a home in England and Wales fell for the second consecutive month during December.
The property website recorded a typical 2.2% drop in vendors' ambitions over the four weeks to 5th December (to £221,463) following a 1.6% decline during the previous four week period.
Meanwhile, the number of homes on the market has plummeted ...
Rightmove asking prices down 2.2%
by Gill Montia
September 22, 2009
In its latest monthly round up, Rightmove.co.uk has revealed that the average asking price of a UK home increased 0.6% in September.
According to the property portal, the rise puts the average vendor's ambitions at £223,996, up from £222,762 in August.
While September's average asking price is 1.5% lower than this time last year, it has improved the 3.1% annual decline evident ...
Asking prices up 0.6% after August dip
by Gill Montia
July 20, 2009
Rightmove has reported a 0.6% rise in asking prices in July, taking the average vendor's ambitions to £227,864.
The property portal therefore suggests that given June's slight fall of 0.4%, the UK housing market could remain in a "steady state" during the second half of 2009.
According to the firm, the best time to pick up a bargain may have passed already, with ...
Rightmove’s average asking price up 0.6%
by Gill Montia
June 30, 2009
A scarcity of housing is propping up house prices in England and Wales, with growth in demand strongest in southern England.
So says housing intelligence firm, Hometrack, as it reports that prices remained stable in June, for the second consecutive month.
The market is now showing an annual decline of 8.7%, having eased from 9.6% in May and the percentage of post codes registering ...
House prices stable in June
by Gill Montia
May 18, 2009
The average asking price of a home in England and Wales has increased for the fourth consecutive month, according to Rightmove.
The property website has reported a 2.4% rise in the four weeks to 9th May, equating to a jump of £5,000 in the average vendor's ambitions and taking the average asking price to £227,441.
The increase is the ...
Asking prices up 2.4% as vendors mourn loss of equity
by Gill Montia
April 20, 2009
Thus far in April, asking prices have fallen by an annual 7.3 percent according to Rightmove.co.uk and is the smallest drop since January.
In addition to an annual 9 percent fall in March, it seems as though asking prices and, in turn, house prices are beginning to level out as credit is becoming more readily available.
Despite this, there is ...
Property asking prices fall but signs of recovery emerge
by Peter Charalambous
April 9, 2009
New research from Unbiased.co.uk indicates that the majority of Britons are not expecting to see house prices rise during 2009.
In a recent survey by the mortgage advice website, 58% of respondents said they were not anticipating an upturn this year, while 18% didn't see any prospect of an improvement until at least 2011.
Twenty-eight per cent of people surveyed were actually ...
Britons resigned to housing market downturn
by Gill Montia
February 24, 2009
Housebuilder, Redrow, reported a 58% fall in revenues in the second half of 2008 leaving the company facing a pre-tax loss of £46.2 million, compared with a profit of £35.8 million in the same period of 2007.
Falling sales and lower selling prices were to blame; during the second half of last year, the company said sales reservations across the UK were down ...
Redrow’s house sales fall 49%
by Gill Montia
November 17, 2008
According to a report by property search website, Rightmove, homeowners are slashing their asking prices by £6,500 in a bid to sell their home.
In the four weeks to November 8, the average asking price of a home in England and Wales was £223,000 - a 2.9% decrease on the previous month and the largest fall since the ...
Asking prices slashed by £6,500 but homes still not selling
by Kay Murchie
July 21, 2008
Rightmove has reported that the average asking price of a UK home fell by 1.8% between June and July, indicating vendors' acquiescence to a significant market downturn.
According to the website, the rate of decline took £4,345 off the asking price of the average property and outstripped the previous record for July when, in 2005, asking prices ...
Average asking price for a home falls £4,345 in a month
by Gill Montia
April 21, 2008
As the Bank of England puts the finishing touches to its £50 billion rescue package for the UK's banks, latest figures from Rightmove indicate that the housing market is headed for a crash, unless the mortgage famine is relieved.
The property website has revealed that in April, asking prices have been falling, despite spring traditionally being one of the hottest months for property sales.
Asking prices fell by ...
Property prices ignore spring and continue slide
by Gill Montia
