Company Tag: Rightmove
In Pictures: Rightmove’s most viewed UK & overseas properties of the year so far
From historic mansions and an ultra-modern townhouse to seaside retreats and Mediterranean villas, these are the most popular property listings of 2021 so far...
Newmarket tops supply shortage hotspots as home sales surge by 79%
Rightmove has identified which locations are being hardest hit by the ongoing shortage of properties available to buy.
Asking prices dip as top-end property markets cool
Asking prices have fallen for the first time this year, driven by declines at the top-end, but Rightmove is predicting an Autumn bounce for the property market.
Major property companies enjoy pandemic-induced revenue boom
Property PLCs including Rightmove, Savills, Foxtons, LSL, Connells, Purplebricks, OnTheMarket and Berkeley Group have seen huge increases in revenue compared to corresponding periods in both 2020 and…
House prices have risen ten times faster than flat prices since the start of the pandemic
Apartments across Great Britain are looking like good value, says Rightmove, at least when compared to detached houses, which have seen average asking prices rocket over the past 18 months.
Coastal homes are selling 20 days quicker than pre-pandemic, as city-to-seaside demand doubles
Rightmove has flagged "a more sustained shift in buyer preference than initially thought" as demand for seaside properties outpaces demand fro city living.
Sales rates pick up across GB, but fewer than half of London listings find a buyer
In a typical year, only around half of properties listed for sale on Rightmove successfully find a buyer. That has jumped to nearly 70% in the last year or so.
Rightmove revenue bounces back as agents’ spending reaches a record high
Estate agencies are spending an average of £1,163 per month per branch with Rightmove; that's 11% more than in 2019.
Asking prices climb to another record high as the property market sees its busiest ever H1
House prices are being inflated by "frenzied" buying activity and a continued shortage of properties being listed for sale. There's a 225,000 shortfall of homes for sale, estimates Rightmove;
Asking rents hit a record high outside London, as city centres start to recover
Rental properties are finding tenants faster than ever before, reports Rightmove, as record demand pushes price up.
1.3 million buyers have benefitted from the the Stamp Duty holiday
"We haven’t yet seen any significant increase in properties falling through so it looks like most are going ahead regardless," says Tim Bannister, Rightmove’s Director of Property Data.
Record number of homes selling at or above asking price
Buyers in England and Wales paid an average of 98.1% of the final asking price in January this year, reports Rightmove, marking the first time the percentage has ever exceeded 98%.