Rightmove or not?
Series: Rightmove Press Release ; 18 August 2004 (14)Publication details: 2004Subject(s): Summary: The latest "Rightmove house price index" for August has been released with the headline that asking prices have fallen 2% in the last five weeks (10 July to 14 August 2004). The asking price of the average home has fallen from £196 198 to £192 335. The south of England has led with a fall of 4.3% in Greater London. The reduction is due in part to the fact that interest rates have risen five times since November 2003 - from 3.75% to 4.75%. The slowdown has also led to more properties coming onto the market than coming off, reflecting a shift of balance in favour of the buyer. In July 2004 more than 110 000 homes came onto the market. The full report can be viewed at: http://www.rightmove.co.uk/pdf/p/hpi/HousePriceInd ex16August2004.pdf. http://www.rightmove.co.uk| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB4032-09 (Browse shelf(Opens below)) | 1 | Available | 127100-1001 |
The latest "Rightmove house price index" for August has been released with the headline that asking prices have fallen 2% in the last five weeks (10 July to 14 August 2004). The asking price of the average home has fallen from £196 198 to £192 335. The south of England has led with a fall of 4.3% in Greater London. The reduction is due in part to the fact that interest rates have risen five times since November 2003 - from 3.75% to 4.75%. The slowdown has also led to more properties coming onto the market than coming off, reflecting a shift of balance in favour of the buyer. In July 2004 more than 110 000 homes came onto the market. The full report can be viewed at: http://www.rightmove.co.uk/pdf/p/hpi/HousePriceInd ex16August2004.pdf. http://www.rightmove.co.uk