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Rightmove house price index April 2007 [electronic resource]

By: Language: English Series: Rightmove House Price Index ; April 2007Publication details: London Rightmove 2007Subject(s): LOC classification:
  • 333.33 $2 18
Online resources: Summary: Shows that average property asking prices have risen by 3.6%, the biggest monthly rise in five years. The annual rate of increase has been pushed to 15% by some conditions, which are seen as unique. The traditional Easter bounce has been compounded by low supply and high demand, together with ready availability of mortgage finance. Additionally, many sellers are issuing early instruction to avoid the costs associated with anticipated Home Information Packs. These effects are presenting the Bank of England with a confusing picture of the market.
Holdings
Item type Current library Call number Copy number Status Barcode
Book Virtual Online ONLINE PUBLICATION (Browse shelf(Opens below)) 1 Available 140026-2001

Shows that average property asking prices have risen by 3.6%, the biggest monthly rise in five years. The annual rate of increase has been pushed to 15% by some conditions, which are seen as unique. The traditional Easter bounce has been compounded by low supply and high demand, together with ready availability of mortgage finance. Additionally, many sellers are issuing early instruction to avoid the costs associated with anticipated Home Information Packs. These effects are presenting the Bank of England with a confusing picture of the market.