Archive for the ‘Property Market News’ Category

First-Time Buyers Numbers Increase

September 4, 2009subedar1 No Comments »

  The National Association of Estate Agents (NAEA) monthly Market Survey for August shows the number of first-time buyers increased by 36% in August. The NAEA says first-time buyers form the basis of chains and if sustained will lead to a general improvement in the market. As predicted by the NAEA over the past two […]

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Sellers Want Asking Price For Properties

August 28, 2009subedar1 No Comments »

  Over a third of UK homeowners surveyed are not prepared to drop their asking price to sell their property following signs that the housing market is picking up. Around 35% of people with a property on the market said they would not accept an offer of less than the full asking price, according to […]

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House Prices Up Again

August 27, 2009subedar1 No Comments »

  Nationwide siad that house prices rose again in August by 1.6%, taking the average UK house price to £160,224, up from £158,871 in July. This marks the fourth consecutive month of house price increases and the lender says the year-on-year decline has slowed significantly from 6.2% in July to 2.7% in August. At £160,000, […]

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Housing Market Bounce Predicted

August 24, 2009subedar1 No Comments »

  A recent survey reveals that 20% of people think that the housing market will recover by the end of the year and a further 4% think that the end of 2010 is more likely. The research by uSwitch also reveals that 6 million consumers predict that that the UK economy will emerge from recession […]

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Property Asking Prices Fall

August 18, 2009subedar1 No Comments »

  Rightmove, the property portal site, have reported a 2.2% fall in asking prices of properties registered by estate agents on their site. This is not unusual as the summer is traditionally a quite time in the property market with Rightmove reporting similar falls in asking prices this time last year. However, the main reason […]

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