House sellers' move to raise asking prices is 'illogical', says Rightmove - Telegraph
The property website said the bullish pricing while traditionally a normal reaction to the start of the autumn selling season, was unsupported by market and economic fundamentals - except in a few areas of major housing shortages.
“Given the challenges of the current market, the behaviour of sellers in raising their average asking prices by over £7,000 takes some explaining," said Miles Shipside, director of Rightmove.
No tulip Sherlock!
The property website said the bullish pricing while traditionally a normal reaction to the start of the autumn selling season, was unsupported by market and economic fundamentals - except in a few areas of major housing shortages.
“Given the challenges of the current market, the behaviour of sellers in raising their average asking prices by over £7,000 takes some explaining," said Miles Shipside, director of Rightmove.
No tulip Sherlock!
