News Tag: asking
July 13, 2009
The National Association of Estate Agents (NAEA) has reported that the average difference between asking and selling prices fell to 1.9% in June, down from 6.3% in May.
The Association's members also reported "continued strong sales", although falling stocks resulted in "slightly fewer people" searching for a new home.
Agent had 64 properties for sale on average, down from 69 in May, ...
Vendors achieve over 98% of asking prices
by Gill Montia
June 16, 2009
New research from the Royal Institution of Chartered Surveyors (Rics) shows that house sellers are now achieving a higher proportion of asking prices.
A survey of Rics members has revealed that the gap between selling and asking prices has narrowed to 11% in the past three months, whereas in August of last year the discrepancy was widening.
The trend shows marked ...
“Asking” to “selling” price gap narrows to 11%
by Gill Montia
March 17, 2009
Rightmove has reported that the average asking price for a home in England and Wales was down an annual 9% over the four week to the 7th March.
New listings for the period fell 57% year-on-year, to 79,000.
However, the property website found that in March, the average asking price for a home rose 0.9% on February, to £218,081.
London led the trend ...
Rightmove pleads for smart asking prices
by Gill Montia
November 27, 2008
In the past fortnight homeowners in London have begun to drastically reduce asking prices to secure a sale.
Research from property search engine, Globrix, has revealed that those anxious to find a purchaser before Christmas are prepared to knock over £100,000 off the price of their homes.
In the capital's two most expensive boroughs, Westminster and Kensington & Chelsea, the average price ...
Londoners make large cuts in asking prices
by Gill Montia
October 20, 2008
Home sellers in England and Wales appear largely unmoved by the continued shortage of mortgage funds and dramatically worsening outlook for the economy and are still marketing their properties at unrealistic prices.
Property website Rightmove has reported that asking prices in England and Wales rose by 1% in the four weeks to 11th October.
The increase is the first since May of ...
Average asking prices rise by 1%
by Gill Montia
September 29, 2008
The Royal Institution of Chartered Surveyors (Rics) has reported that the average selling price of a UK home is now 9% below the asking price.
Rics chief economist, Simon Rubinsohn, warns that the gap could widen in the coming months as vendors are forced to accept lower offers in a shrinking market.
Figures from leading mortgage lenders show the average price of ...
Widening gap between asking and selling prices
by Gill Montia
September 22, 2008
Rightmove has reported a 1% fall in the asking price of the average home in the month to 13th September.
The decline is below the 2.3% recorded by the property website in August but puts the average asking price at £227,438 or £14,204 less than a year ago.
The firm has also noted a slight decline in the number of ...
Average asking price of a home down £14,200
by Gill Montia
September 1, 2008
Hometrack has reported that home sellers are accepting offers almost 10% below asking prices, to secure a sale.
According to the housing intelligence firm, sellers achieved an average 90.7% of their asking prices in August, down from 90.9% in July.
The figure is at its lowest since Hometrack began recording the proportion of asking price achieved, in 2001, and the firm ...
Homes sell at 10% below asking prices
by Gill Montia
