|Bid||45.485 x 18000|
|Ask||46.705 x 18000|
|Day's range||45.179 - 46.152|
|52-week range||41.021 - 50.627|
|PE ratio (TTM)||N/A|
|Dividend & yield||N/A (N/A)|
|1y target est||N/A|
The average UK asking price for a home coming onto the market fell by 1.2% to £310,000 in September, according to Rightmove (LSE: RMV.L - news) . Homeowners typically enjoy an autumn spike in property values, but new data for England and Wales shows that this is the first fall recorded at this time of year since 2013. The property website said a 2.9% or £18,358 price slump in London had played a part in the drop.
The average UK asking price for a home coming onto the market fell by 1.2% - around £3,660 - to £310,000 in September, new figures suggest. Homeowners typically enjoy a spike in the autumn in property values, but new data for England and Wales released by Rightmove (LSE: RMV.L - news) shows that this is the first fall recorded at this time of year since 2013. The property website said a 2.9% or £18,358 price slump in London in the space of a month had helped to push average asking prices down.
OnTheMarket, the online property portal challenging Zoopla and Rightmove, is looking to raise about 50 million pounds via a listing on London's junior market, its parent company said. Agents' Mutual, a ...
OnTheMarket, the online property portal fighting a fierce battle with rivals Zoopla and Rightmove (LSE: RMV.L - news) , is to lift the veil on secret plans to demutualise and list its shares in a bumper stock market flotation. Sky News has learnt that Agents' Mutual, the parent company of OnTheMarket, will announce on Friday a radical plan to overhaul its corporate structure and raise £50m to back its expansion. Launched in 2015, OnTheMarket has rapidly gained market share in the cut-throat estate agency market, signing up thousands of agents across Britain.
Overseas landlords are moving out of the U.K. property market in search of pastures greener, according to new research which suggests the number of international investors who own property in the U.K. has fallen to a new low.
Asking prices for houses and apartments in England and Wales stabilised after a drop in June, but home-buyers remain cautious as wage growth falls behind inflation, a survey by property website Rightmove (LSE: RMV.L - news) showed on Monday. Rightmove said average asking prices for property sold on its website increased by a monthly 0.1 percent in July, a month that usually sees slight falls in prices. In annual terms, prices were up 2.8 percent compared with a 1.8 percent rise in June.
Asking prices for UK homes fell by 0.4% in June, according to property website Rightmove, the first price decline in the month since 2009. June usually registered a seasonal price rise but saw prices dip slightly, with political instability, inflation, and wage stagnation blamed for the drop. The average UK house price was 1.8% higher than in June last year, the smallest annual increase since 2013.
Asking prices for British houses and apartments fell in June, the first decline in the month since 2009, led by drops in the London area as wage growth slowed and political uncertainty rose, property website Rightmove (LSE: RMV.L - news) said on Monday. The figures are based on property advertised between May 14 and June 10, covering mostly the final weeks before a June 8 national election which saw Prime Minister Theresa May unexpectedly lose her parliamentary majority. Rightmove said average asking prices for property sold on its website dropped 0.4 percent in June, normally a month which sees a seasonal price rise, after rising 1.2 percent in May.
British consumer confidence softened last month in the face of higher inflation, a survey showed on Monday, adding to the weight of evidence showing that higher inflation is taking the steam out of the main engine of the economy. Deloitte said its quarterly consumer confidence index dropped to -7 for the first quarter of 2017 from -6 in the last three months of 2016. "Since last summer's EU referendum consumer spending has held up well, but with inflation rising and nominal wage growth starting to slow, consumers are beginning to feel a squeeze on their disposable income," Deloitte economist Ian Stewart said.
Rightmove (LSE: RMV.L - news) , Britain's largest property selling website operator by market share, reported higher profits on Friday as a record number of estate agents used its site to list their properties, although a 10 percent rise in consumer visits to the website generated fewer leads as the market slowed. The number of leads generated for its clients fell 6 percent to nearly 47 million, which the company blamed on a slowdown in housing market activity following Britain's vote to leave the European Union.
House asking prices are rising at the slowest rate for nearly four years amid rising inflation, fears about Brexit and a tighter lending rules, new figures suggest. Figures from Rightmove (LSE: RMV.L - news) showed a year-on-year rise of 2.3% for homes in England and Wales in the month to 11 February, the smallest since April 2013. It was also the smallest rise for February - a time when there is typically a seasonal price spike of about 5% - since 2009.
Asking prices for homes in England and Wales are rising more slowly due to rising consumer price inflation, worries about Brexit and tighter lending rules, property data firm Rightmove (LSE: RMV.L - news) said on Monday, adding to signs of a slowing property market. "Perhaps we're approaching the territory where many buyers are unable or unwilling to pay what sellers are asking, given the negative combination of rises in the cost of living, tighter lending criteria, and a dose of Brexit uncertainty," Rightmove director Miles Shipside said.
LONDON, Dec (Shanghai: 600875.SS - news) 12 (Reuters) - Buoyant property sales in England and Wales in November show that the housing market has steadied after Britain's decision to leave the European Union and asking prices for homes look set to rise by 2 percent next year, property data firm Rightmove (LSE: RMV.L - news) said. Sales agreed were up by 5.2 percent last month compared with November 2015, Rightmove said. "There was a bout of jitters with the unexpected referendum result, albeit now seemingly short-lived, but more may arrive after Article 50 is invoked," Miles Shipside, Rightmove director and housing market analyst, said.