Monday 21 April 2008

Rightmove April data shows a 0.1% fall in asking prices

Rightmove data out today -

http://www.rightmove.co.uk/pdf/p/hpi/HousePriceIndex21stApril2008.pdf

The data shows the first April fall ever recorded by Rightmove.

Let's not forget this is also asking prices and not prices paid which will be shown in Nationwide's data next week and the Halifax data the week after.

Prices paid are a further 5%-15% below these figures.

There are many more months of negative data ahead.

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