Rightmove HPI shows higher prices and less choice for new homebuyers
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Insights & Analysis on the latest Rightmove release. Property stock is evaporating at an alarming rate due to huge levels of buyer demand and this severe imbalance is causing an artificial property price boom.
Insights & Analysis on the latest Rightmove release
“Property stock is evaporating at an alarming rate due to huge levels of buyer demand and this severe imbalance is causing an artificial property price boom.
Great for sellers who can justify overpricing their home but not so great for the wider market that is already groaning under the pressure. That includes the infrastructure of the market itself. Mortgage lenders, search providers, and conveyancers are struggling to keep up, and sales are taking longer than ever to complete, causing a spike in demand for our certain-sale service.”
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Insights & Analysis on the latest Rightmove release
“Property stock is evaporating at an alarming rate due to huge levels of buyer demand and this severe imbalance is causing an artificial property price boom.
Great for sellers who can justify overpricing their home but not so great for the wider market that is already groaning under the pressure. That includes the infrastructure of the market itself. Mortgage lenders, search providers, and conveyancers are struggling to keep up, and sales are taking longer than ever to complete, causing a spike in demand for our certain-sale service.”
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