Rightmove July 2010 House Price Index

Key Points;

New sellers drop asking prices for the first time this year, down by 0.6% (£1,435)

Over 30,000 properties coming to market a week, up by 45% compared to July last year

22% increase in sellers coming to the market following suspension of HIPs results in large jump in unsold stock

Number of unsold homes per agent jumps by almost 25% in the first half of the year as new sellers outnumber new mortgage approvals by 5:2

Rightmove HPI July 2010