Monday, March 21, 2011
Rightmove: +0.8%MoM, +0.9%YoY
New sellers increased their asking price for the third consecutive month during March as activity in the housing market showed signs of picking up, research has indicated. The average cost of a home put on the market in England and Wales during the four weeks to March 12 rose by 0.8% to Â£231,790, following a 3.1% increase in February, according to property website Rightmove. Rightmove said the low level of new listings pointed to an absence of both forced sellers and traditional mass market ones.