Rightmove said: "New sellers are now asking 4.8% (+£11,561) more than a year ago, a big jump from the 2.7% annual rate recorded in June. With all regions showing a year-on-year increase for the first time since September 2010, several factors suggest this is a broader-based recovery, fuelled by the ‘aggregation of marginal gains’."
Miles Shipside, Rightmove director and housing market analyst comments:
“The market is currently benefitting from the ‘aggregation of marginal gains’ where incremental improvements across a range of key market drivers help to slowly but surely build momentum. Rightmove’s lead indicators show increasing enquiries to agents and developers, new sellers and marketing prices. An important signal for a broader-based and sustainable recovery is that all regions of the country now have higher prices than a year ago firmly on the record”.
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