Company Tag: Rightmove

New seller supply 'remains constrained nationally', says Rightmove as we approach the year's halfway point - particularly in southern regions

Property portal managed over 25 million visits in a month

The average asking price of a new property coming to market increased by 0.9% in the last month, reports Rightmove, with four regions reaching record highs

28% of listings on Britain's biggest property portal have lingered there for more than six months; 8% have been stuck on the market for over a year...

Asking rents in the capital are at an all-time high, reports Rightmove

'We are not anticipating an activity surge,' says Rightmove as Brexit is delayed, 'but maybe a wave of relief that releases some pent-up demand to take advantage of static property prices and cheap fixed-rate…

Another London estate agency signs up to all three major property portals - but plans to drop one next year

The usual spring buoyancy is being weighed down by Brexit uncertainty, says Rightmove.

The property portal's average monthly revenue per advertiser (ARPA) increased from £922 in 2017 to £1,005 in 2018, while the number of member branches has 'remained stable'.

It now takes an average of 77 days for a property to go under offer, says Rightmove, up from 72 a year ago. The North West has seen the biggest acceleration in time taken to sell a home.

The UK's average asking price tickled up by just 0.2% in the last year, reports Rightmove, with three out of four Southern regions seeing negative growth.

"The Christmas slowdown came early" for the UK property market, says Rightmove, "and the hangover lasted a few days longer into the New Year than usual".