Monday, October 17, 2011
Estate agents pushing on a string?
Despite most house price indices showing that house prices have gone down, asking prices on Rightmove have shot up by 2.8%. The asking price on Rightmove for houses new to the market over the last month now stands at Â£239,672, the site reportted this morning. The asking price average compares with Â£161,132 quoted by Halifax for September and Â£166,256 quoted by Nationwide for the same month. Both lenders base their average house prices on mortgages agreed. But there is a pronounced north/south divide in Rightmoveâ€™s asking prices, with average property prices in the south at Â£336,743 being more than double those in the north, at Â£164,347. The gulf is the highest Rightmove has ever recorded.