Rightmove has revealed that 15% of homes are finding a buyer within a week and 30% are securing a sale within a fortnight of being put on the market.Compared to the same time this year, this is an increase of 5% for both figures; in 2019 10% of homes sold within a week and 25% sold within a fortnight.One message from the portal’s analysis of 200,000 home moves is clear – buyers are keen to nail down a deal as fast as possible which, Rightmove suggests, is so that their purchase can be registered before the stamp duty holiday deadline of 31st of March next year.Consequently, the number of homes selling within a week of coming to market is up by 125% compared to the same period last year, and the highest number recorded over the past ten years.Semi detachedThree and two-bedroom semi-detached houses are selling the fastest while the region with highest number of homes being sold within a week is Scotland (26%) and the lowest is London (11%).“Not only are more properties selling in the current market than at any time over the past ten years, but many sellers are finding that demand for homes following lockdown and the rush to beat the stamp duty deadline means they’re achieving a quicker sale, but only if they’ve been priced correctly,” says Rightmove’s property expert Miles Shipside (pictured).“Not every home sells, but those that are well presented by agents, are on at the right price, or are just lucky enough to be in demand are among a record number of homes selling within the first week of coming to market since we started tracking this data ten years ago.”The last 3 months have been the busiest consistent quarter we’ve had since opening 16 years ago. There seems to be a constant flow of new valuations and new properties going on the market and coming under offer very quickly at very good prices. We are finding that some properties are selling within 7-10 days. The stamp duty exemption has without a doubt has taken the market into overdrive. Before lockdown we were busy but now we are crazy busy. I expect it to continue up until January or February with people pushing to get deals done before the March deadline.Read more about the ongoing boom.Rightmove Miles Shipside September 4, 2020Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Home » News » Housing Market » Homes selling within a week of being listed jump by 125% to highest in ten years previous nextHousing MarketHomes selling within a week of being listed jump by 125% to highest in ten yearsRightmove says surge in offers being made on freshly-marketed properties is in part down to the March stamp duty holiday deadline.Nigel Lewis4th September 20200562 Views
Beijing daily news (reporter Li Duo intern reporter Wang Qian Lu Yishan) not every electricity supplier of "double 11". Yesterday, the Beijing Chinese commercial news reporters learned from the sea Amoy electricity supplier honey Amoy network was informed that the honey Amoy network intends to participate in the double 11, but will focus on the upcoming black Friday". Although there is also a point of view that innovative marketing is worth encouraging, but the double 11 big promotion is bound to overdraft consumption, will let the promotional activities greatly reduced.
honey Amoy network CEO Xie Wenbin told the Beijing Daily reporter said, the sea Amoy army this year as a "double 11" one of the highlights of Tmall international, adding to the vertical electricity supplier is difficult to break through the introduction of the "black Friday" concept from overseas to establish the brand effect better for yourself. "Black Friday" is the most important promotional node in the United States, when overseas retailers will be a large discount to attract consumers to go shopping. Xie Wenbin pointed out that through the introduction of the concept of black Friday, it is possible to create their own new festivals. Will be launched in November 28 on-line black Friday overseas shopping Carnival also makes honey Amoy network invested a lot of energy.
can bring the big market reaction also need the test of time. The industry believes that the double 11 big promotion will release the backlog of online shopping for a long time, after everyone’s spending power has been overdrawn, and perhaps can not afford to support consumers’ black Friday shopping needs. Compared with the double 11, for now, the United States, black Friday is more like a gimmick for Chinese consumers.
honey Amoy network of "double 11" unintentionally, but other sea Amoy vertical electricity supplier has to dadehuore. It is understood that the honey bud baby as early as the end of October has opened the prelude of promotional activities, even for a period of three days of the whole category of the anniversary carnival, let the baby honey bud produced a total of more than 35 orders, "double 11" the emphasis is focused on the import of milk powder, diapers these two key categories. The main day of Amoy Yifan sea purchase network set up "double 11" group, including Lego, Kao and other special activities of different brands of panic buying from November 3rd -14.