Seller numbers jump by 22% and Rightmove traffic swells by 27%

Rightmove have released their House Price index for January which reveals some very interesting trends summarised below. A copy of the full report can be downloaded by completing the form at the foot of this article.

• Pragmatic new year sellers increase asking prices by just 0.2% (+£440) as more plan to move
• Signs of ‘green shoots’ as property coming to market up 22% year-on-year, and Rightmove traffic up by 27% over the first two weeks of January  as well
• Increased confidence among sellers to come to market – seven out of 10 are ‘discretionary movers’ outnumbering forced sale drivers such as the ‘three Ds’ of death, debt and divorce
• Improving market sentiment underpinned by growing confidence among property investors as 74% of professional landlords expect to add to their portfolios in the next 12 months