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'Little appetite amongst sellers and buyers to make big financial commitments' - comments on Rightmove February House Price Index

18 February 2013

�Despite the annual New Year �optimism bounce� that exuberant estate agents and sellers use to push up asking prices and seek to kick-start the market, average asking prices are still below those in February 2008. Also, the average agent has only 68 properties on the books for sale; this is the lowest number in even the last year and is a better indicator of how little appetite there is amongst sellers and buyers to make big financial commitments at the moment...

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Little_appetite_amongst_sellers_and_buyers_to_make_big_financial_commitments_2348.doc