|    FM Home   |    FM News   |    FM Forum   |    FM Blog   |   
16th of October 2010
|    Banking  |   Insurance  |   Property  |   Mortgages  |   Economy  |   Investments  |   Credit Cards  |   Debt  |   Loans  |   Pensions  |   Companies  |  

News Tag: asking prices

September 30, 2010

Nationwide: house prices steady in September

by Gill Montia
”Nationwide:
Nationwide has reported a 0.1% rise in the average UK house price in September (compared to August), taking the value of the typical home to £166,757. The movement left the annual rate of gain at 3.1%, down from 3.9% in August and 6.6% in July. Meanwhile, the three-month-on-three-month rate of change, which is a more reliable indicator or near-term price trend, fell ...




September 20, 2010

Gross mortgage lending falls again in August

by Kay Murchie
Gross mortgage lending falls again in August
The Council of Mortgage Lenders (CML) has today revealed gross mortgage lending fell 6% in August compared with the same month last year to £11.4 billion. The figure was also 14% lower compared with July and represented the lowest August monthly total since 2000, highlighting the ongoing sluggishness of the UK housing market. Commenting on the figures, CML chief economist Bob Pannell, ...




Asking prices down for 3rd straight month, say Rightmove

by Kay Murchie
Asking prices down for 3rd straight month, say Rightmove
It appears the housing market is headed for a double dip after property website, Rightmove, reported a further fall in asking prices in September. According to Rightmove, asking prices for residential property in England and Wales fell by 1.1% in the 5 weeks to 11 September - the third consecutively monthly fall. It follows falls of 1.7% in August and ...




August 16, 2010

Rightmove: new seller asking prices slip again

by Gill Montia
”Rightmove:
Rightmove has reported that new homes coming onto the market are continuing to outstrip buyer demand, as the holiday season continues. According to the property portal, the average asking price of a UK home has fallen 1.7% (to £232,241) across the 117,000 properties added to the firm's website in August, compared with a month earlier. The £4,091 reduction is the biggest measured ...




July 19, 2010

New sellers drop asking prices

by Gill Montia
”New
Home owners coming onto the market have dropped their asking prices for the first time this year, according to Rightmove. The property portal reported a 0.6% decline in the average new vendor's ambitions in July, amounting to £1,435 in hard cash. The website is currently accommodating an additional 30,000 properties a week, up 45% compared to a year ago, and its latest Consumer Confidence ...




May 17, 2010

House sellers respond to rising stock levels

by Gill Montia
”House
Rightmove has reported that the week before the General Election saw the highest number of new sellers entering the UK property market since June 2008. However, the property portal observes that the lack of mortgage finance is now beginning to tell, with 2010 unsold stock levels continue an "inexorable rise". As a result, new sellers are being cautious over asking ...




April 19, 2010

Asking prices rise in April

by Gill Montia
”Asking
House sellers increased the average asking price for a home by 2.6%, or £5,898, in the month to the 10th April, to £235,512. New figures from Rightmove.co.uk show this month's rise taking prices 6% higher than a year earlier, having built on a 0.1% increase in March. However, with over 25,000 properties put up for sale each week in the last two months, the ...




March 15, 2010

Asking prices up just 0.1% in March

by Kay Murchie
Asking prices up just 0.1% in March
Property website, Rightmove, has today reported the annual growth in asking prices for residential property in England and Wales for the four weeks to March 6 slowed for the first time in a year. On an annual basis, growth slowed from 6.1% in February to 5.3% in March, while on a monthly basis, asking prices rose just 0.1% between the four ...




January 20, 2010

Seller confidence and buyer interest return

by Gill Montia
”Seller
Rightmove has reported that its initial statistics for 2010 show increases in both seller confidence and buyer interest. According to the property portal, sellers who have come to market so far in January are asking more for their properties "causing a big turnaround in figures that were on course for a third consecutive monthly fall". The firm's commercial director, Miles Shipside, says he ...




October 19, 2009

London leads recovery in asking prices

by Gill Montia
”London
Home movers in London have put the credit crisis behind them and are asking 0.8% more for their properties than in November 2007. In its October round up of market, Rightmove has reported that the Capital is leading the way in positive sentiment for the UK housing market. October has also seen the national average asking price at a higher level than a ...




August 17, 2009

Asking prices slip back in August

by Gill Montia
”Asking
The average asking price of a UK home fell in August, after nudging up 0.6% in July. Vendors shaved a typical £5,102, or 2.2%, off their ambitions as they adjusted to lower seasonal demand. The decline took the average asking price back to £222,762, compared to £227,864 in July, although London saw a steeper slide at 3.8%, reducing the average asking price in ...




June 22, 2009

Asking prices slide 0.4% in June

by Gill Montia
”Asking
Rightmove has reported that the average asking price of homes in England and Wales fell 0.4% in the five weeks to 13th June. The decline follows a 2.4% rise in the same period to 9th May, equating to a jump of £5,000 in a typical vendor's ambitions. According to the property website, the average asking price now stands at 226,436, down 5.5% ...




January 20, 2009

Home sellers reduce expectations by 7.3%

by Gill Montia
Home sellers reduce expectations by 7.3%
Rightmove has reported that the average asking price of a house in England and Wales has fallen by 7.3% over the past year, to £213,570. Average asking prices in January are 1.9% down on December, with the biggest drop recorded in the West Midlands, at 6%. The East Midlands recorded the only increase in average asking prices, which put on 0.4% this month. In ...




November 19, 2008

NAEA: Property sales up second consecutive month

by Kay Murchie
NAEA: Property sales up second consecutive month
Figures from the National Association of Estate Agents (NAEA) have revealed that the number of properties changing hands rose slightly in October, for the second consecutive month. The NAEA’s survey found that the average estate agent sold seven properties in October, up from six the previous month. The slight rise is attributed to the fact that sellers are being more realistic ...




May 19, 2008

New-to-market vendors dream up prices

by Gill Montia
New-to-market vendors dream up prices
Housesellers in the south west of England appear to be immune to property market gloom and are marketing their homes at above pre credit crisis prices. According to Rightmove, asking prices for properties in the south west rose 1% from April to May, pushing annual growth to 2.4%. In its latest survey, the property website found that the average asking price in the region ...





Property News feed Property News

All Financial News feed All Financial News