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tinecu

Home.co.uk Asking Price Index Down 0.5%

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Maybe this index tracks all asking prices, not just initial (like rm)? That would explain why rm is more volatile (only covers 1 month's worth of instructions).

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Why does it differ so much from rightmove if they both reflect asking prices as opposed to approvals?

Different mix-adjustment, different exclusions.

Home API excludes anything over £1,000,000 which seems to make a big difference to the Greater London figures.

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Taken from the horse's mouth...

Following an alarming trend, the typical (median) Time on Market for unsold properties has risen a further 17 days since last month and now stands at 135 days. Meanwhile the average (mean) Time on Market is also up 15 days to 207 days.

:o

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Maybe this index tracks all asking prices, not just initial (like rm)? That would explain why rm is more volatile (only covers 1 month's worth of instructions).

This is correct.

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  • 276 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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