Company Tag: Rightmove

Rightmove has done some more analysis of the "frenetic" housing market, identifying which locations have seen the highest rates of price growth in the last year, and revealing that around a quarter of…

London is the only GB region where average asking rents are lower now than they were five years ago, reports Rightmove.

Buyer demand is "massively outpacing" the supply of homes for sale, says Rightmove, as the national average asking price surges up by more than 2% in a single month.

Some 60% of all estate agency property portal sales leads in Q1 came via Rightmove, according to analysis of around 500,000 inbound leads in the first three months of this year.

Rightmove has ranked the ten hottest buyers' and sellers' markets in Britain, based on the proportion of this year's property listings that have already sold subject to contract.

Eight charts from Rightmove Plc's Annual Report illustrate how Britain's biggest property portal fared through the pandemic year.

Tuesday 23rd March saw the highest number of Agreed Sales of any single day over the past ten years, says Rightmove.

The number of chain-free property listings has jumped from one in six at this time last year to more than one in five now.

“The huge population of London means that traditionally it’s the most searched for location," says Rightmove, "but the appeal of the coast and the countryside over the past year has seen Cornwall crowned…

“The current excess of buyer demand over supply is the largest we’ve seen in the last ten years and suggests that this could be one of the best ever Easters to sell,” says Rightmove, as it tries…

“It’s clear from our record-breaking traffic numbers that the Spring Budget has introduced buyers into the market who were not perhaps able to consider moving until now or who were waiting to hear…

Estate agents paid Rightmove an average of 28% less per branch in 2020 compared to 2019 - but the property portal expects marketing spending to recover to at least pre-pandemic levels this year.