Market report - Rightmove... act now for Christmas
Asking prices are - inexplicably - on the rise, according to Rightmove. They're up 0.7% on the month and 1.5% on the year, despite consistently gloomy, sometimes apocalyptic, economic forecasts from every corner. However, accompanying commentary from Rightmove warns:
Christmas is 98 days away but average time on the market is 94 days, so buyers and sellers need to get serious now if they are to tie up a deal before the festive season.
It also points out that first-time buyer Stamp Duty relief ends on March 2012. To read the actual report, go here.
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