Second half price falls of 7% forecast to wipe out first half gain [electronic resource]
Second half price falls of 7% forecast to wipe out first half gain [electronic resource]
- London Rightmove 2010
- Rightmove House Price Index July 2010 .
Average national asking price down by 0.6% between June and July 2010. Number of unsold homes per agent increased by almost 25% in the first half of 2010 as new sellers outnumber new mortgage approvals by 5:2. Latest Rightmove Consumer Confidence Survey indicates faltering home-mover sentiment. Sellers' average first half price gains of 7% will disappear by year end.
RIGHTMOVE HOUSE PRICE INDEX
United Kingdom--
333.33 $2 18
Average national asking price down by 0.6% between June and July 2010. Number of unsold homes per agent increased by almost 25% in the first half of 2010 as new sellers outnumber new mortgage approvals by 5:2. Latest Rightmove Consumer Confidence Survey indicates faltering home-mover sentiment. Sellers' average first half price gains of 7% will disappear by year end.
RIGHTMOVE HOUSE PRICE INDEX
United Kingdom--
333.33 $2 18