Average prices in England and Wales, excluding London, see low annual growth

Property Wire | May 28, 2019

Average prices in England and Wales, excluding London, see low annual growth
Average prices in England and Wales, excluding Greater London, fell by 0.3% in the 12 months to April 2019, the lowest level since 2013, according to the latest analysis report. They also fell by 0.8% month on month and 2.4% on a quarterly basis to an average of £253,522, the figures from the London Central Portfolio report show. Sales also fell by 0.3% year on year and were down by 6.5% on a quarterly basis. But there is a different pattern in the new build market with prices up 3.9% year on year to £304,140, representing a 14.9% premium over existing stock. Sales were also up in this sector with an annual rise of 5.3% but they were down 17.3% on a quarterly basis. ‘Average prices have been on a downward trajectory now for seven consecutive months. Where previously England and Wales had not shown the same signs of Brexit jitters as the capital, it appears that this is no longer the case,’ said Naomi Heaton, LCP chief executive officer.

Spotlight

CBx is an app (no longer iPad only) that will let you knock the socks off a seller at your next listing presention! Use unique pricing tools to show them value, explore where your buyers will come from and get tons of data to excite even the biggest data hounds. I will walk you through the app, screen by screen, talk about how to use this in your listing presentation and more.

Spotlight

CBx is an app (no longer iPad only) that will let you knock the socks off a seller at your next listing presention! Use unique pricing tools to show them value, explore where your buyers will come from and get tons of data to excite even the biggest data hounds. I will walk you through the app, screen by screen, talk about how to use this in your listing presentation and more.

Related News

REAL ESTATE INVESTMENT

Zillow Group Closes Acquisition of ShowingTime, the Industry Leader in Home Touring Technology

Zillow Group | October 04, 2021

Zillow Group (NASDAQ: Z and ZG), which is transforming the way people buy, sell, rent and finance homes, today announced the closing of its acquisition of ShowingTime, an online scheduling platform for home showings. Touring is one of the most important steps in the home shopping and selling journey, and ShowingTime's technology has streamlined and improved the touring experience. The company is an industry leader, and Zillow Group will continue to invest in ShowingTime to improve its functionality. ShowingTime's technology coordinates scheduling behind the scenes so agents can seamlessly book a confirmed home showing online and focus on their clients, simplifying a traditionally complicated and cumbersome process. In the past 12 months, the company has facilitated more than 63 million showings across its network of more than one million agents affiliated with hundreds of Multiple Listing Services (MLSs). Under the Zillow Group umbrella, Zillow Group will adhere to ShowingTime's existing privacy policy, and it will continue to operate as an individual brand and open platform for its existing and new clients, so the industry can continue to benefit from a simplified tour scheduling experience. Zillow Group entered into a definitive agreement to acquire ShowingTime in February 2021 for $500 million. The transaction was successfully closed upon meeting customary closing conditions. About Zillow Group: Zillow Group, Inc. (NASDAQ: Z and ZG) is reimagining real estate to make it easier to unlock life's next chapter. As the most visited real estate website in the United States, Zillow® and its affiliates offer customers an on-demand experience for selling, buying, renting or financing with transparency and nearly seamless end-to-end service. Zillow Offers® buys and sells homes directly in dozens of markets across the country, allowing sellers control over their timeline. Zillow Home Loans™, our affiliate lender, provides our customers with an easy option to get pre-approved and secure financing for their next home purchase. In September 2020, Zillow launched Zillow Homes, Inc., a licensed brokerage entity, to streamline Zillow Offers transactions. Zillow Group's affiliates and subsidiaries include Zillow®, Zillow Offers®, Zillow Premier Agent®, Zillow Home Loans™, Zillow Closing Services™, Zillow Homes, Inc., Trulia®, Out East®, ShowingTime, Bridge Interactive, dotloop, StreetEasy®, HotPads®. Zillow Home Loans, LLC is an Equal Housing Lender, NMLS #10287 About ShowingTime: ShowingTime is the industry leader in home touring technology and a proud affiliate of Zillow Group. ShowingTime's technology and services simplify the online tour scheduling process for buyers, sellers and agents across the industry. ShowingTime products are used in hundreds of MLSs representing more than one million real estate professionals across the U.S. and Canada.

Read More

REAL ESTATE TECHNOLOGY

Altavation Offers On-Demand Drone Imaging for Real Estate In the United States

Altavation | April 20, 2021

Altavation is a leading aerial photography company in the United States, with collaborations with several of the country's top real estate firms. Drone photography captures stunning landscape views, memorable indoor images, and highlights the most spectacular exterior features of the residence. Altavation is the marketing technique that real estate brokers are aiming for to increase revenue and boost the online experience of their clients. Altavation is available across the country, real estate agents can conveniently order this service from their online website. Altavation is both affordable and easily accessible, with premiums beginning at just $9.50 and a media return rate of 72 hours at the most. Drone photography not only promises elegance and unparalleled value, but it also outperforms all other forms of competition. Altavation utilizes fully FAA-licensed and insured pilots who adhere to all regulatory standards while flying while also providing the highest quality aerial media. The services provided by Altavation are incomparable to traditional photography and videography services. Drone imaging is a "game-changer" that would transform the future of competition in the national real estate market.

Read More

Dealpath Selected as Real Estate Deal Management Solution for Manulife Investment Management

Dealpath | June 16, 2020

Dealpath, the leading software solution for real estate investment and portfolio management, announced today that Manulife Investment Management has chosen Dealpath as its real estate deal management solution. Dealpath will provide its industry-leading software solution to manage the investment pipeline and streamline the acquisition and disposition process. Manulife Investment Management’s Real Estate team will leverage Dealpath as their command center for smart pipeline tracking, powerful deal analytics and collaborative workflows empowering smart acquisition decisions, driving operational leverage and mitigating enterprise risk.

Read More