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30th of December 2010
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News Tag: stock levels

July 13, 2010

Asking prices stall as stock levels rise

by Gill Montia
”Asking
The average asking price of a UK home has remained stable in July, with growth stalled by a surge of properties for sale. According to FindaProperty.com’s latest House Prices and Affordability Index, a combination of sellers keen to take advantage of recent price growth, and renewed confidence following the Budget, resulted in stock levels rising by 6% in July from ...




June 15, 2010

House prices hold their own as new instructions rally

by Gill Montia
”House
The Royal Institution of Chartered Surveyors (RICS) has reported a rise in stock levels on estate agents' books, following last month's abolition of Home Information Packs. In May 21% more RICS members reported a rise, rather than a fall, in new instructions, up from 11% in April. In addition, 22% more chartered surveyors reported a rise, rather ...




Homebuyer demand matches rising stock levels

by Gill Montia
”Homebuyer
The number of properties for sale in the UK has reached its highest level since January 2008, according to Findaproperty.com. Stock levels increased 9% between May and June, and are now 35% higher than in January 2010. However, the average asking price of a home rose 0.3% this month to £220,308, the highest level for eleven months, suggesting that buyer demand has been ...




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 ...