Company Tag: Rightmove

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;

Rental properties are finding tenants faster than ever before, reports Rightmove, as record demand pushes price up.

"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.

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%.

Asking prices have increased in every region, reports Rightmove, with larger homes seeing the highest rate of property price inflation.

Some 704,000 homes are marked Sold Subject to Contract and are now going through the sales process, according to Rightmove; it's the biggest sales pipeline of the last decade, 78% higher than in May 2019.

59% of homes across England and Wales are rated D, E, F or G on Energy Performance Certificates;

“In two or three years’ time, I’d like us to be known not only as ‘the place I found my property’, but also ‘the place that helped me move in’, which is quite a big shift,” says Rightmove's Chief…

Demand for flats and urban locations are rising at a faster pace than for other types of property.

Property portal embarks on recruitment drive to “further increase the level of service for agents.”

Three regions have seen asking prices climb by more than 10% in the last year-or-so, says Rightmove, while Greater London has seen prices flatline.

Rightmove has revealed where most home-hunters are signing up for instant property alerts.