The UK's independent property help portal
December 18, 2012

Rightmove: 2013 to see 2% rise in house prices

Permalink: Rightmove: 2013 to see 2% rise in house prices
by Gill Montia

Rightmove: 2013 to see 2% rise in house prices

Homeowners coming to market in December cut their asking prices by an average £7,772 (or 3.3%), according to Rightmove, with the firm registering the largest monthly fall in new sellers’ ambitions to date.

However, asking prices have actually increased 1.4% over the past 12 months, with the average gap between final asking price and sold price narrowing to 3.7%, compared to 4.9% in 2009, 2010 and 2011.

Looking ahead, the property portal expects the UK housing market to continue a slow recovery and is forecasting a national 2% rise in house prices in 2013, assisted by greater competition among mortgage lenders and a shortage of properties for sale.


Click here to discuss this: Home Move property forums



Related stories to: Rightmove: 2013 to see 2% rise in house prices



Previous: «
Next: »

Visited 38788 times, 2 so far today