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Rightmove House Price Index

Posted on Tuesday, November 24, 2020

The latest Rightmove House Price Index data makes for interesting reading!
Demand and activity compared with October last year are strongest in the price bands and regions where buyers are set to make the biggest stamp duty savings as the March deadline approaches:
• National sales agreed are up 50% on October last year, and Rightmove now estimates there’s 650,000 sales going through the buying and selling process, 67% more than at the same time in 2019.
• 106% uplift in sales agreed and drop of 23 days in time to secure a buyer in £400,000-£500,000 band.
• Buyers who were temporarily uncertain in run-up to the new lockdown in England have jumped back into action, with the first six days of the second lockdown seeing demand up by 49% on this time last year, as the housing market remains open.
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