Rightmove or not?
Rightmove or not?
- 2004
- Rightmove Press Release 18 August 2004 (14) .
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
RIGHTMOVE HOUSE PRICE INDEX
HOUSE PRICE INDEX
HOUSE PRICE INFLATION
RESIDENTIAL PROPERTY
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
RIGHTMOVE HOUSE PRICE INDEX
HOUSE PRICE INDEX
HOUSE PRICE INFLATION
RESIDENTIAL PROPERTY