Prospective first-time buyer levels at their highest for 12 months in Wales
Although first-time buyers numbers in Wales remain down on traditional levels, the upturn offers an encouraging sign that things may be improving.
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London first-time buyer levels remain high
In London the proportion was far higher that the national average with 42% of buyers stating they would be purchasing for the first time, an increase from 38.2% in Q1.
Prospective first-time buyer levels at their highest for 12 months
Rightmove’s most recent Consumer Confidence Survey has revealed some encouraging news that prospective first-time buyer levels are now at their highest for 12 months.
Prospective first-time buyer levels at their highest for 12 months as more call ‘bottom of the market’
Our Q2 2011 First-Time Buyer Report was released this week and revealed that first-time buyer levels have reached their highest for 12 months. The results this quarter find that prospective first-time buyers are up to 26.2%, their highest since the 26.3% recorded in Q2 2010.
House prices overvalued say consumers, but just 1 in 4 forecasts a fall
Rightmove’s second Consumer Confidence Survey of 2011 reveals a drop in the proportion of people expecting house prices to fall over the next year.
Average asking prices in Wales increase 2.1% in April
Average asking prices in Wales increased by 2.1% in April to £167,532. The increase came despite unsold stock levels seeing their biggest increase for four years, from 70 to 74 properties.
Average asking prices in London hit all time high
London’s spring sellers have felt sufficiently confident to market their properties at an average of £431,013, a new asking price record.
Average asking prices increase 1.7% in April
Average asking prices increased by 1.7% in April to £235,822 leaving prices up 1% higher than the same time last year. The increase was the fourth consecutive monthly increase in 2011 and came despite unsold stock levels seeing their biggest increase for four years, from 70 to 74 properties.