House Sales - Rightmove Survey Shows Asking Prices Falling
The latest Rightmove House Price Index Survey shows that the average asking price rose by just 0.3% nationally in July. More importantly, in many parts of the country asking prices are actually falling - this includes 3 large regions - the North West (down 1.1%), West Midlands (down 2.0%), the South East (down 0.2%).Rightmove's Time on Market Indicator also shows an increase from May in the average length of time to sell a property, with 80 days being the average in July.
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