21 February 2022

Rightmove House Price Index

Rightmove House Price Index

Ben Hudson, Managing Director at Hudson Moody in York, said: “Like many, our biggest challenge is a lack of stock. As soon as anything new comes onto the market, it is flying off the shelf, with multiple buyers competing for the final sale. With so many potential buyers, many properties at the moment are selling above asking price, which can make valuing a property accurately a challenge as we don’t want to give unrealistic expectations. It can be difficult for buyers at the moment, with not a lot of choice and tough competition for the properties available. However for sellers, most new properties are getting huge traction at the moment, which makes it a great time to come to market, and we’d recommend those considering selling soon take action now. The good news is we are starting to see the first signs of the pressure easing, and more traditional seasonal markets returning after two years of frenetic pandemic markets. We are going out to value more properties, and seeing more new listings come to the market for sale, and we are seeing signs of a busy, but more traditional spring season.”  To read Full Report go to :

House Price Index | Property blog (rightmove.co.uk)