March 2015 Property Trends Infographic

Rightmove’s March House Price Index reported that the price of property coming to market is up by 1.0% (+£2,748), a more muted rise at this time of year for three years suggesting a pre-election slowdown.

  • Price of property coming to market up by 1.0% (+£2,748), a more muted rise at this time of year for three years suggesting pre-election slowdown
  • Average new seller asking price just £30 below June 2014 record as high demand reduces the impact of tighter lending controls introduced in the April 2014 Mortgage Market Review
  • Buy-to-let investors cashing in their pension pots to raise larger deposits may drive prices up further at the low end of the market – agents are reporting uplift in interest ahead of new pension rules
  • Number of newly-listed properties up by 3.2% compared to last month, though first-time buyer properties which are likely ‘granlord’ investor targets have seen the lowest increase in supply (+2.6%) and are the sector seeing the highest annual price rise (+7.6%)

You can read the full Rightmove report on their website.

[Source: Rightmove Property Portal]

Want To Sell Your House Fast?

Speak to a member of our team and discuss your options with us today.

Written By

Related Stories

Comments