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TeddyBear

Rightmove - Asking Price Trendometer

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Don't think this has been posted yet - just saw a link to it on Rightmove front page

http://www.rightmove.co.uk/news/house-price-trendometer/

It graphs asking price changes

From Dec 2007 to Dec 2011 there appear to be rises nowhere apart from London and a tiny 0.1% in Oxfordshire

Then you see optimistic asking price rises coming on line in mostly home counties from around May this year, falling back now...

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Don't think this has been posted yet - just saw a link to it on Rightmove front page

http://www.rightmove.co.uk/news/house-price-trendometer/

It graphs asking price changes

From Dec 2007 to Dec 2011 there appear to be rises nowhere apart from London and a tiny 0.1% in Oxfordshire

Then you see optimistic asking price rises coming on line in mostly home counties from around May this year, falling back now...

The media were on top of £272K with exuberant "house prices reach record high" type headlines, but that now seems to have fallen back to £262K.

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Blimey...set it to 2009...Asking price shot up everywhere. 34% in Northants !!!

Selling prices didnt shoot up.

Sales volumes didnt shoot up.

WTF !!! :blink:

Asking prices now 4 percent above bank destroying bubble price...wages down...disposable down...madness up !!!

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Interesting, I only just saw this.

Sea of red for June 2015 to Jul 2015, both national and London. Incomplete data, or some signs of the top?

http://www.rightmove.co.uk/viz/house-price-trendometer/

June 2014 to July 2014 looks similar.

Most likely this is a reflection of the fact that the RM Asking Price Index is not seasonally adjusted and the data is showing a seasonal lull.

Edited by rantnrave

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