UK housing market insulated from global financial jitters [electronic resource]
UK housing market insulated from global financial jitters [electronic resource]
- London Rightmove 2011
- Rightmove House Price Index August 2011 .
Average national asking price down by 2.1% on July 2011. Year on year growth is -0.3%. Supply of new sellers remains muted at 30% below 2007 levels, as the number of motivated sellers is broadly matched by the number of serious buyers. Base rates are expected to be unchanged until at least 2013, limiting forced sales and holding down mortgage rates for deposit-rich buyers.
RIGHTMOVE HOUSE PRICE INDEX
United Kingdom--
333.33 $2 18
Average national asking price down by 2.1% on July 2011. Year on year growth is -0.3%. Supply of new sellers remains muted at 30% below 2007 levels, as the number of motivated sellers is broadly matched by the number of serious buyers. Base rates are expected to be unchanged until at least 2013, limiting forced sales and holding down mortgage rates for deposit-rich buyers.
RIGHTMOVE HOUSE PRICE INDEX
United Kingdom--
333.33 $2 18