3C Blake Mews, Richmond, TW9 3GA

3C Blake Mews
Richmond, TW9 3GA

Tel: 020 8834 7072

November ’10 House Price Index from Rightmove

Posted By Avalon Construction & Design on November 16th, 2010 in category.

Key Points from this month’s report

  • November sellers cut their asking prices by 3.2%, the biggest monthly drop since December 2007
  • Falls now recorded in 4 out of the last 5 months, as year-on-year price growth heads for zero
  • 24,028 new sellers coming to market per week, down 9.1% on previous month yet still outstripping muted mortgage approvals by 2 to 1
  • Unseasonally high number of unsold properties and longest ever time on the market mean sellers face tough competition, while winter buyers hang back waiting for bargains

Read the full report here: http://www.rightmove.co.uk/news/files/2010/11/november-2010.pdf

By Avalon Construction & Design: November 16th, 2010 in category.

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