Tag: Rightmove

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 [...]

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
Gross mortgage lending falls again in August

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 [...]

September 20, 2010 | 0 Comments More
Asking prices down for 3rd straight month, say Rightmove

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 [...]

Rightmove: new seller asking prices slip again

Rightmove: new seller asking prices slip again

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. [...]

August 16, 2010 | 0 Comments More
New sellers drop asking prices

New sellers drop asking prices

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 [...]

July 19, 2010 | 0 Comments More
Rightmove: asking prices set to fall

Rightmove: asking prices set to fall

The average asking price for a home in the UK increased by 0.3% in June, compared with May, according to Rightmove. However, the sixth consecutive monthly rise left prices falling in real terms, with the Retail Prices Index showing an annual increase of 5.1% in June, compared with a year-on-year rise in asking prices of [...]

June 22, 2010 | 0 Comments More
Estate agents link with UK Google Maps

Estate agents link with UK Google Maps

UK Google Maps users can now search for listings from estate agents and property websites directly from the maps. Available properties are indicated by a small circle that provides a link to a particular agent’s website. The new facility also means that potential home buyers and renters can enter a location and see the available [...]

June 21, 2010 | 0 Comments More
House sellers respond to rising stock levels

House sellers respond to rising stock levels

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 [...]

May 17, 2010 | 0 Comments More
Asking prices rise in April

Asking prices rise in April

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 [...]

April 19, 2010 | 0 Comments More
Asking prices up just 0.1% in March

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 [...]

March 15, 2010 | 0 Comments More
Average asking price of a UK home up 3.2%

Average asking price of a UK home up 3.2%

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 [...]

February 16, 2010 | 0 Comments More
Seller confidence and buyer interest return

Seller confidence and buyer interest return

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”. [...]

January 20, 2010 | 0 Comments More
Rightmove asking prices down 2.2%

Rightmove asking prices down 2.2%

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 [...]

December 15, 2009 | 0 Comments More