Tag: Rightmove

Property coming to market at record low levels

Property coming to market at record low levels

Despite record levels of search activity on its website this month, estate agency Rightmove reports that the number of new homes being put up for sale has fallen to the lowest level ever recorded. More than 44 million property searches were carried out on Rightmove’s site during the first ten days of 2012, a 27% [...]

January 16, 2012 | 0 Comments More
Halifax expects housing market to hold steady

Halifax expects housing market to hold steady

The Halifax reported a 0.9 per cent fall in house prices in November, compared with the previous month, and it expects the housing market to remain steady over the winter. November’s fall in house prices came despite a 3 per cent increase in the number of mortgages approved during the month to 52,700, according to [...]

December 6, 2011 | 0 Comments More
October house prices up but north/south divide worsens

October house prices up but north/south divide worsens

New figures from the Halifax show a 1.2 per cent increase in house prices in October, however compared with a year ago they have fallen by 1.8 per cent. In the three months to the end of October, house prices fell by 0.3 per cent, compared with the previous quarter, representing the first fall since [...]

November 7, 2011 | 0 Comments More
Rightmove: Asking prices up in October

Rightmove: Asking prices up in October

Property website, Rightmove, has today reported a further rise in asking prices for the month of October. According to Rightmove, asking prices for residential property in England and Wales surged 2.8% in October on a monthly basis and were 1.2% higher compared with this time last year. This compares with a 0.7% monthly increase and [...]

October 17, 2011 More
Rightmove: Asking prices up in September

Rightmove: Asking prices up in September

Property website, Rightmove, has today reported a slight rise in asking prices for the month of September. According to Rightmove, asking prices for residential property in England and Wales rose 0.7% (or an average £1,596) in September. The property website, which claims to advertise 90% of the properties on the market, said the latest asking [...]

September 19, 2011 | 0 Comments More
Rightmove: Asking prices down for second month in a row

Rightmove: Asking prices down for second month in a row

Property website, Rightmove, has today reported a drop in asking prices for the month of August – the second consecutive monthly fall. According to Rightmove, asking prices for residential property in England and Wales fell by 2.1% this month after a 1.6% decline in July. The property website, which claims to advertise 90% of the [...]

August 15, 2011 | 0 Comments More
Rightmove: Asking prices down for first time this year

Rightmove: Asking prices down for first time this year

Property website, Rightmove, has today reported a drop in asking prices for the month of July – the first fall this year. According to Rightmove, asking prices for residential property in England and Wales fell by 1.6% in July. The property website, which claims to advertise 90% of the properties on the market, said the [...]

July 18, 2011 | 0 Comments More
Research shows losses made on property since 2006

Research shows losses made on property since 2006

According to research from property website Zoopla, around 80% of properties acquired since 2006 are now worth less than their purchase price. However, 89% of homes bought since the housing market peaked in 2007 are also worth less than homeowners paid for them with the problem particularly bad in the North East. In the North [...]

June 22, 2011 | 0 Comments More
Rightmove: Asking prices up in June

Rightmove: Asking prices up in June

Property website, Rightmove, has today reported a rise in asking prices for the month of June – the sixth consecutive month of growth. According to Rightmove, asking prices for residential property in England and Wales grew 0.6% in June after a 1.3% increase in May. The property website, which claims to advertise 90% of the [...]

June 20, 2011 | 0 Comments More
Rightmove: Asking prices up in April

Rightmove: Asking prices up in April

Property website, Rightmove, has today reported a rise in asking prices for the month of April – the fourth consecutive month of growth. According to Rightmove, asking prices for residential property in England and Wales grew 0.9% on an annual basis. The property website, which claims to advertise 90% of the properties on the market, [...]

April 18, 2011 | 0 Comments More
Rightmove: Asking prices up in March

Rightmove: Asking prices up in March

Property website, Rightmove, has today reported a rise in asking prices in the four week period to March 12. According to Rightmove, asking prices for residential property in England and Wales grew 0.9% on an annual basis, up from February’s 0.3%. On a monthly basis, asking prices were up 0.8%, slowing from February’s 3.1% - [...]

March 21, 2011 | 0 Comments More
BBA: Mortgage approvals down 29% on year in January

BBA: Mortgage approvals down 29% on year in January

The British Bankers’ Association (BBA) has today revealed a further fall in the number of new mortgages approved by the major banks in January. According to the BBA, the number of new mortgages approved in the month stood at 28,932 - marginally better than December’s levels but 29% lower compared with January 2010. The figures [...]

February 23, 2011 | 0 Comments More
Rightmove: asking prices up 3%

Rightmove: asking prices up 3%

House sellers coming to market in February increased asking prices by 3.1%, compared with January, Rightmove reports. The typical home is currently for sale at £230,030 or 0.3% more than this time last year, but the bulk of vendors could face disappointment in today’s “three-tier” market. The property portal warns that lenders are focused on [...]

February 21, 2011 | 0 Comments More
Rightmove: Asking prices up in January

Rightmove: Asking prices up in January

Property website, Rightmove, has today reported a rise in asking prices in the five week period to January 8 - the first such gain in three months. According to Rightmove, asking prices for residential property in England and Wales grew 0.3% - albeit a small gain compared to December’s fall of 3% and November‘s decline [...]

January 17, 2011 | 0 Comments More
Rightmove: Asking prices fall further in December

Rightmove: Asking prices fall further in December

Property website, Rightmove, has today reported a further fall in asking prices in December. According to Rightmove, asking prices for residential property in England and Wales fell 3% - or £7,000 in the last month – the biggest drop since December 2007. The property website, which claims to advertise 90% of the properties on the [...]

December 13, 2010 | 0 Comments More
Taylor Wimpey sees trading in line with expectations

Taylor Wimpey sees trading in line with expectations

Housebuilder Taylor Wimpey today said it had experienced a homebuyer slowdown, as a result of the Government’s spending cuts, which has deterred potential buyers. Its comments echo those of Persimmon who yesterday said there was little evidence of the traditional autumn period which usually sees families flock to new housing developments as the school summer [...]

November 16, 2010 | 0 Comments More
Persimmon: Housing market still suffering amid lack of mortgage availability

Persimmon: Housing market still suffering amid lack of mortgage availability

Housebuilder Persimmon today added to the gloom surrounding the housing market after suggesting the lack of mortgage availability continues to prevent a recovery. The housebuilder, which is the UK’s second largest by market value, said that while it experienced a slight improvement in sales in during September - it was not the traditional pick-up noted [...]

November 15, 2010 | 0 Comments More
Rightmove: Vendors show eagerness to move before Christmas

Rightmove: Vendors show eagerness to move before Christmas

Property website, Rightmove, has today reported a major fall in asking prices in November - as vendors cut their prices amid desperation to sell their property before the Christmas slowdown. According to Rightmove, asking prices for residential property in England and Wales fell 3.2% in the month - the biggest drop since December 2007. The [...]

November 15, 2010 | 0 Comments More
First time buyers encouraged by house price falls

First time buyers encouraged by house price falls

Property website Rightmove has suggested that first-time buyers (FTBs) are returning to the housing market. According to a report by the property website, which questioned 25,584 potential buyers last month, FTBs are encouraged by house price falls. It found that around 33% of FTBs expect the cost of property to be lower this time next [...]

November 8, 2010 | 1 Comment More
Asking prices up 3% in October, say Rightmove

Asking prices up 3% in October, say Rightmove

Property website, Rightmove, has today reported a rise in asking prices in October - after three months of falls. According to Rightmove, asking prices for residential property in England and Wales rose 3% and the group attributed the rise to vendors refusing to adjust to new market conditions. Rightmove warned sellers that increasing their asking [...]

October 18, 2010 | 1 Comment More