Posts tagged with “property prices”

Predicting House Prices: Anticipated Trends in Asking Prices for 2024

Posted on Monday, 4 December, 2023

Average mortgage rates have been steadily decreasing since July, providing a more stable and predictable environment for homebuyers compared to the volatility of the previous year’s mortgage market. Currently, the average two-year fixed rate stands at 5.52%, and the average five-year rate is 5.11%. Despite the improved outlook for mortgage…

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October sees the smallest 15-year rise in asking prices: Rightmove

Posted on Wednesday, 18 October, 2023

Rising levels of homes hitting the market have compelled sellers to price their properties more competitively. This shift has led to the typical seasonal increase in asking prices for October dropping to its lowest point since 2008. While September saw a modest 0.2% uptick in asking prices, it serves as…

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