Posted on Monday, January 20, 2020
Updated on Monday, January 20, 2020
Rightmove's Price Index was released to the media this morning and gives a national picture of house prices and activity over the past few weeks. Here are some key facts: SALES Post-election bounce as optimism returns
- 2.3% (+£6,785) surge in the price of property coming to market, the largest monthly rise we have ever recorded at this time of year
- Increased optimism also releasing pent-up demand as would-be buyers judge the election result gives a window of stability
- Over 1.3 million buyer enquiries since election, up 15% compared to same period a year ago, suggesting an active spring market ahead
- 7.4% growth in number of sales agreed, as early birds act quickly
- Strong desire to get onto the housing ladder results in first-time buyers facing all-time highs in the price of properties with two bedrooms or fewer
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