Archive

The price of property coming to market fell by 0.2 per cent or an average of £656 in the past month...

Stories of a slow property market due to an ongoing lack of supply and Brexit woes have been well-documented in recent...

A survey of property sellers has revealed that 'achieving the asking price' (43%) and 'selling properties quickly' (35%) are the most...

New figures from the National Association of Estate Agents suggest that supply is at last creeping back up to seasonal norms...

Homes in central parts of London sold for a typical 11.5 per cent below asking price in the first three months...

Research from OnTheMarket shows that 40 per cent of London homes costing around £1m have only two bedrooms or fewer. And only...

The latest asking prices data from Rightmove suggests that the national housing market is being dragged down by poor performance in...

Properties sold off market by a London agency found buyers more quickly, and for nearer the asking price, than those on the...

The gap between average asking prices and average selling prices has increased in recent months according to Zoopla. Its latest study of...

Rightmove’s latest house price statistics reveal that asking prices for newly-marketed property are on average 0.9 per cent higher than a...

Reforms to the house buying process in England and Wales to bring it more into line with Scotland could slash the...

The average time on the market for a property is soaring across the UK thanks to Brexit uncertainty, according to the...

Some of the most expensive properties in London are selling typically between 13 and 21 per cent off the asking price. And...

There’s been a spring bounce with prices of new-to-the market properties increasing an average of 1.1 per cent in the past...

Online estate agents have seized on the recent national newspaper article accusing estate agents of over-valuing properties to earn higher fees. The...

There’s anger in the industry over an article in The Times which accused agents of overvaluing properties - although why this was happening...

The spring market has got off to a subdued start according to Rightmove - and the portal says more buyers are...

GetAgent, the comparison estate agency business, has secured £2.2m in investment from a consortium of investors including Channel 4. The backers are...

Latest data from property platform Home suggests that instruction numbers across the UK as a whole are down four per cent...

It’s not just the high-end market for homes in the south east that’s hit by Brexit according to the Guild of...

Another estate agency has closed one of its prime London offices as the capital’s most exclusive areas continue to be hit...

As the sales market across much of Britain appears to be mired in political and economic uncertainty, figures from Scotland appear...

A new survey claims the market is at its worst for eight years. The latest market snapshot from property platform Home says...

The latest Rightmove price index suggests that homes are at their most affordable level for some years thanks to wage growth...

The first major estate agency business to launch a crowdfunding bid since the controversial collapse of Emoov has emphasised its “realistic”...

A design and renovation business has set up a property sourcing business which will find homes requiring renovation. What’s more, it claims...

At the end of January the Asian PropTech company PropertyGuru announced the imminent launch of beta-phase testing of its cutting-edge new product, PropertyGuru Lens. This...

The head of a For Sale By Owner website claims that some agents are making “vast amounts” of up to £7,000...

A respected property investment consultancy is warning that the current premium put on the prices of new-build homes - around 15...

Gloomy statements from some industry organisations have suggested the market is in trouble thanks to Brexit uncertainty but Rightmove says visits...

As 2018 draws to a close, it is fair to say that stretched affordability and uncertainty over the Brexit negotiations has...

Asking prices of homes coming to the market have fallen for the second month in a row - and Rightmove says...

The chief executive of online agency HouseSimple says “sellers need to be prepared and willing to lower their expectations” in the current...

The chief executive of Emoov and the founder of the new portal Rummage4Property had a dramatic spat on Twitter just hours...

A senior figure in the Knight Frank agency says those buyers who may be expecting Brexit-inspired bargains in the so-called ‘super...

Rightmove is this morning reporting that the asking price of property coming to market has fallen 1.7 per cent in the...

The market is now over-supplied with homes to sell while at the same time demand is dipping and there are widespread...

Homes that require major structural work have asking prices which are on average £40,000 below the market norm, according to research...

The LonRes data consultancy that monitors transactions right across prime central London says Brexit is the single biggest factor impacting the...

Zoopla says 38 per cent of properties on sale have had their asking prices slashed. That’s a five per cent rise since...

A leading London estate agency is reporting a surge in overseas buyers sealing deals ahead of the government’s new stamp duty...

We’re sorry to be starting the week with more evidence of the housing market in the doldrums, but Rightmove’s latest index...

A buying agency says it has secured a prime London property for one of its clients at almost 40 per cent...

Rightmove is reporting a mini-boom as the autumn market gets into gear, with a surge in buyers and a one-month rise...

House prices fell further this month as the slowdown tightened its grip according to he latest data from property platform Home. It...

There’s little doubt that downsizing is less of a factor in the housing market than it used to be - so...

The latest quarterly house price report published by property portal s1homes reveals that properties across Scotland sell on average at six...

Rightmove says the housing market is now into a ‘summer sale’ as newly-marketed property shows an average asking price fall of...

A sales platform that monitors the market is warning that house price falls are likely to spread beyond London and the...

A PropTech firm has adopted the unusual position of claiming some agencies deliberately over-value properties in a bid to win instructions. Agent...

LonRes says transactions in prime locations in London dropped another six per cent when the second quarter of 2018 is compared...

A leading buying agency is warning about asking prices that are higher than those acceptable to mortgage companies who therefore down-value...

The price per square foot for homes in central London is currently £1,194 - that’s 16.9 per cent below its 2014...

The couple at the centre of a court case about agents’ fees say the issue could have been resolved earlier had...

Figures from Savills suggest that there’s currently an average 1.14 price adjustments per sale across the prime regional markets of the...

The debate over alleged ‘down-valuing’ by mortgage lenders has flared again with one leading agent claiming that surveyors are just “covering...

A report in the Financial Times lays bare the scale of the housing market downturn in central London - it suggests...

Rightmove claims that homes with sea views attract an average price premium of 29 per cent. The analysis - aimed at publicising a...

Asking prices are at a virtual standstill as the summer lull kicks in, according to the latest Rightmove index. New seller asking...

There’s more gloomy reading for vendors from a new report by website Home, which says the volume of properties slashing their...

An estate agency chain has produced strikingly successful sales figures for the first half of the year - evidence, it says,...

The Money editor of The Mirror newspaper has finally sold a home he first put on the market in late 2016...

A major hybrid agency says there is a huge ‘reality gap’ between the typical asking price of homes on sale and the...

Summer is traditionally the time of the year when the property market slows down, with people going away on their holidays...

The average asking price of newly marketed property continues to rise according to Rightmove - and this is despite a dip...

More stock and longer times on the market are combining to create a surge in asking price reductions according to a...

Property sellers in the South of England are having to accept asking reductions in order to achieve a sale.  Data from Hometrack...

To demonstrate the lengths some buyers will go to make sure their offer is accepted, NAEA Propertymark has asked its agent...

Well last week was interesting. The column about my decision to put the property on with a letting agent went viral.  This was...

Property sellers in Scotland are profiting from buyers' willingness to pay above asking price for a home.  This is according to portal...

The latest data from Rightmove indicates that the average national asking price has reached another all-time high of £308,075 following a...

Akshay Ruparelia, the teenager who set up the Doorsteps online estate agency only 18 months ago, is now reported to be...

The chief executive of Winkworth says the upcoming Brexit is creating uncertainty and causing buyers and investors to delay purchasing plans. Dominic Agace,...

The Bank of England’s Monetary Policy Committee has decided to keep the base rate unchanged at 0.5 per cent this month. The...

I have sold hundreds of lettings businesses over the last twenty-five years. Based on this experience, these are the mistakes that you...

Only one property in every eight sold in the current market succeeds in achieving its asking price - while no fewer than...

Coutts bank has issued a starkly pessimistic snapshot of prime London’s housing landscape, reporting price falls, valuation mark-downs and slower sales...

The sun has finally returned to ours skies and you’re on the lookout for a little bit of summer reading. As...

Prices of new-to-the-market property rose by a modest 0.4 per cent over the past month says Rightmove - but that’s enough...

Average prices dropped another 1.1 per cent in prime central London in the year to March according to new figures released...

Last week, a story was published by CNBC about a couple who sold their home, for above the asking price, without...

The National Association of Estate Agents says the government’s first time buyer stamp duty incentive “seems to be having the desired...

A buying agent says a higher proportion of Britain’s rarified country estates market is now being sold off-market. Jess Simpson, an ex-Savills...

Average asking price of newly-marketed property have jumped 1.5 per cent - or over £4,500 - in the past month, says...

Rightmove’s latest assessment of the housing market suggests that Newport in Gwent is the fastest moving area in Britain for vendors. A...

A survey by consumer body Which? suggests askng prices and agents' fees are the most significant factors considered by a vendor choosing an...

Investment consultancy London Central Portfolio has launched a new index which it claims uses “the most comprehensive data available” to assess...

High-profile buying agency Black Brick has highlighted the scale of reductions now being made by sellers of some trophy properties in...

A survey by Lloyds Bank has revealed that the average ‘first time seller’ requires very nearly £136,000 to bridge the gap...

A former president of the National Association of Estate Agents has attacked “irresponsible agents” for over-valuing asking prices in London in...

The well-respected buying agency Black Brick has revealed the scale of discounts it secures on prime properties being sold for different...

Three councils are encouraging local residents to sign a new register which aims to bring more quality homes for sale to...

Scottish portal s1homes.com has reported that the average property in Scotland sold for £10,000 higher than its asking price during the...

Rightmove says it has enjoyed its highest ever monthly number of visitors - 141 million in January. They spent a total of...

An online estate agency brand launched a year ago by a traditional high street agent to ward off competition has exceeded...

I had an interesting meeting last week with a VR company called Garou. Based in New York, they claim to have...

House price indices provided each month by Halifax and the Nationwide have been branded as “misguiding” and “out of date” and...

Homes for sale in some parts of inner London are seeing price discounts of up to 10 per cent says Hometrack...

The housing market has returned to stability with exchanges up one per cent year on year and the average house price...

Japanese knotweed, the invasive plant brought over to Britain in the Victorian era, threatens millions of pounds worth of property transactions...

A poll of over 2,500 first time buyers suggests that on average they pay £5,300 less than the asking price -...

As the £1m-plus housing market continues to struggle in most parts of the country, so the use of stunts and gimmicks...

Rightmove says its visits so far in January are running over nine per cent higher than the same period a year...

What a year it’s been! Back in 2016 we had Brexit, a new prime minister, Donald Trump’s election, and so when...

No fewer than 85 per cent of properties sold for less than the asking price in November, the highest seen since...

Rightmove has revealed the top 10 locations outside London where asking prices grew most and where homes sold fastest - and...

Asking prices are being cut more heavily than at any time in the past six years says Zoopla.  It says just over...

Rightmove is warning that the asking price of property coming to market has fallen by 2.6 per cent in the past...

A survey of the housing market in 2017 from the National Association of Estate Agents suggests much of the busiest activity...

The average home in England and Wales now sells for very nearly four per cent under its original asking price - a...

Online agency Settled is introducing a deposit scheme which it claims will assist sellers and buyers reach completion faster - and...

Sellers have launched "their own sale" in response to the stagnating market by slashing asking prices according to Rightmove - but...

A new website which completely by-passes all kinds of estate agents and allows vendors to upload details of their own properties...

The Royal Institution of Chartered Surveyors has issued a downbeat snapshot of the current housing market with "subdued sales trends" across...

Garrington Property Finders says some two-thirds of homes in two high-value parts of prime central London have been on sale for...

The 19 year old boss of online agency Doorsteps claims that his website has sold £100m worth of homes, currently lists...

Asking prices have risen by an average of 1.1 per cent or £3,432 in the past month according to Rightmove.  This is...

Leamington Spa in Warwickshire has been named as the happiest place to live in Great Britain in Rightmove’s 2017 Happy at...

The vast majority of sellers surveyed by a consumer group say rapport with branch staff in a locally-based office is important...

Rightmove’s monthly price index says the average asking price of homes coming to the market has fallen 1.2 per cent in...

The Property Ombudsman has taken the unusual step of warning all estate and letting agents to act with caution over fraudulent...

The typical asking price of a home coming on sale has fallen by 0.9 per cent, equivalent to £2,758 - precisely...

Record low stock numbers, political uncertainty and the aftermath of tax changes are the obstacles hindering the housing market, according to...

More than a third of the homes in London currently on the market have had their asking prices reduced according to...

As discussed in our previous article, it’s all about the first impression. Once your team have handled that initial phone call...

Being a leading world-class city comes at a price – they are the most expensive for occupiers and the most lucrative...

The UK property market has entered a period of stagflation where house price growth is consistently lower than the rate of...

The National Association of Estate Agents says the General Election led to a drop in the number of registered house hunters...

A consumer group says it is giving what it calls “the top 1,000 estate agents in England and Wales” badges to...

The latest Rightmove figures show that the number of sales agreed by agents over the last month is up 7% when...

Great Expectations was a fantastic novel-cum-social-history written by Charles Dickens, who once lived in my adopted home city of Portsmouth. But these...

The sealed bids process - where purchasers submit their final offer by a specific time and date - should be more transparent,...

Two leading voices in the PropTech sector suggest a radical overhaul of agents’ fee structures, saying that neither traditional full service nor online...

A consumer group which has consistently promoted online agencies says they achieve closer to sellers’ original asking price than the national...

The number of house hunters registered per estate agency branch fell last month to 381 - well down on its figure...

Asking prices of homes coming to the market have now been rising for five consecutive months says Rightmove.  Asking prices rose 2.0...

News headlines talk more and more about a slowdown in the property market, a drop in house prices and the need...

Official figures from the latest UK House Price Index show that average house prices fell by 0.6% between February and March. The...

The Advertising Standards Authority (ASA) has informally resolved a complaint made against Connells. The case focused on a Connells Rightmove listing which...

Average asking prices in London have fallen, while the majority of regional markets are performing strongly, according to the latest index...

The tactic of reducing the asking price of a retirement apartment by £1,000 per week appears to have worked - the...

The director of a respected mortgage broker is warning that market sentiment is changing with more down-valuations from surveyors and some...

Even some of the most successful professionals from other professions fail to grasp the most important point when it comes to...

The HomeOwners' Alliance says it has identified what it describes as "the UK's best performing agent" based on how much it...

The snap General Election on June 8 adds to uncertainty but does not significantly worsen the market for prime properties in...

The price of property coming to the market has hit anoher record high, up 1.1 per cent over the past month...

The website Home, which monitors asking prices, says prices have rallied strongly in the last month but thanks to growing inflation...

The vendor of a retirement apartment in the West Midlands says he is going to reduce the asking price by £1,000...

The National Association of Estate Agents says the number of sales agreed rose to a 10 year high in February. The NAEA...

A year ago, we were days away from the introduction of a 3% stamp duty surcharge on second homes – a...

A new recruitment push by franchise agency operation HomeXperts says its agents - who work from home - earn invoiced commissions...

The average asking price rise for homes coming to the market in the last month has been a chunky 1.3 per...

Some big news in the agency world last week won’t have escaped the attention of many in the industry. Last Thursday news...

The average number of prospective buyers registered in each branch in January was 425, a 10 per cent rise from December...

Rightmove secured over 131m visits last month, an all-time high for January. The 131m total was some three per cent above January...

The consumer body Which? claims that 19 per cent of properties sold in the year to September went for prices five...

The East Midlands, which consists of several areas including Derbyshire, Leicestershire, Rutland, Northamptonshire, Nottinghamshire, and much of Lincolnshire, has an ancient...

The chronic shortage of housing supply in the UK relative to demand has been a national issue for decades. The Government...

Annoying isn’t it. You take on a stunning property, agree a compelling asking price and your Vendor is desperate to get the...

Instant gratification is nothing new. It’s been around for millennia. It’s an in-built survival instinct for humans – that want, that...

The East of England, which takes in areas from Hertfordshire to Norfolk, has recorded the biggest hike in property prices over...

Another agency says price reductions of 10 per cent or more are often found in some prime central London areas such...

Sellers should try to instruct estate agents with the largest local share of the market, even if that means ignoring well-known...

Rightmove’s web traffic between Boxing Day and the end of last week is up five per cent on the same period...

Sales of homes in prime central London improved towards the end of 2016 says Savills - but only after prices were...

The managing partner of a property investment firm says London residential property values have fallen by 15 to 25 per cent...

No fewer than 84 per cent of homes sold for less than their asking prices last month - the highest number...

Becky Fatemi of central London estate agency Rokstone says prime areas of the capital are to suffer a “prolonged phase of...

There’s been a fall in the typical asking price of a home on sale of 2.1 per cent according to Rightmove...

Prominent top end London estate agent Trevor Abrahmsohn says some homes in the higher levels of the market may now have...

Estate agency Carter Jonas has made critical comments about the high-end housing market, suggesting a combination of factors have created “a toxic landscape”. Rory...

Auction House London claims it has sold a £1m property for its full asking price within seven hours of receiving the...

A building society that owns two estate agency companies has hit out at what it calls “a lack of sound estate...

Barratt Homes, the UK’s largest housebuilder, is slashing the asking prices of some of its most expensive London homes by 10 per cent. In...

Knight Frank says overseas buyers are not only benefitting from a significant drop in the effective price of central London properties...

The asking price of properties newly launched on the market has dipped by 1.1 per cent in the past month says...

The award-winning online agency HouseSimple has had one of its advertisements banned by the Advertising Standards Authority. The advert was a poster for...

The number of homes sold for £1m and above has risen by 12 per cent in the first half of 2016 -...

The average UK property takes 91 days to sell - and that’s down to greedy sellers according to the mortgage arm...

Figures from London data consultancy Lonres show that since the referendum the average price cut on homes across most of central...

Despite Brexit and economic uncertainty, there is still confidence from many agencies that are expanding, opening and acquiring even this late...

Available stock levels across Greater London, the east of England, plus the south east and the south west are now 16...

A property website monitoring the housing market claims that the propertion of homes cutting their prices whilst on the market has...

Three quarters of properties sold by National Association of Estate Agents (NAEA) member branches in August were for less than the...

The average asking price of a property coming to market has started to recover from the dip that followed June's Brexit...

Hybrid estate agency YOPA is today launching a nationwide TV advertising campaign starring The Village People, the band best-known for the...

The Advertising Standards Authority (ASA) has upheld two of three complaints against claims made in Purplebricks' TV and website advertising.  The watchdog upheld...

The founder of a controversial service helping vendors find the ‘right’ estate agency and negotiating its fees says he has had...

The sales website Home claims that London house prices have dropped an average of 1.2 per cent in the past four...

Against the trend of some recent market snapshots, the National Association of Estate Agents says there has been a sharp drop...

Knight Frank is warning that it will “take time” for the three per cent stamp duty surcharge to be absorbed into...

The typical price of property coming to the market in the last four weeks is 1.2 per cent lower than in...

Surveys on housing and Brexit are coming thick and fast - the latest have Haart estate agency reporting a £30,000 price...

The morning after the EU referendum, and Westminster, Britain, Europe and the world were left in shock at the news that...

Rightmove’s latest house price index, covering two weeks either side of the EU referendum at the end of June, suggests average...

With a number of agent partner programmes available nationwide, estate agents can often increase business by offering sales by auction, especially...

Buying agent Johnny Turnbull claims that 83.2 per cent of the properties sold in prime central London in the second quarter...

Estate agents from around the country are reporting only limited damage to business or prices caused by the Brexit result of...

The property website Home is warning that some regional house price rises are unsustainable. It says that prices in the East of...

For the second time this month, the Advertising Standards Authority has had to intervene over the wording of an ad from...

The Advertising Standards Authority has banned an ad by online agency emoov after a complaint disputing the duration of a fee...

A significant number of properties are coming to market as a result of separations which don't involve divorce, according to a...

A high-end agency claims that despite prices falling in Prime Central London (PCL), demand was subdued in May due to the prospect...

Property expert and housing analyst Kate Faulkner says estate agents have 'learned their lesson' from the property market slump in 2007-2008. In...

The head of one of the country's largest estate agency chains has urged sellers to be more realistic with the asking...

Data company Propcision has quantified the scale of asking price reductions on some prime central London properties, with many dropping by...

A modest 0.4 per cent rise in average asking prices over the past month conceals a nasty surprise for first time...

Last time out I spoke about the beginnings of a PropTech revolution, with two major London-based events in the offing over...

When a potential buyer comes into the office and says they want to view a property on your books, the natural...

The rush to beat the stamp duty surcharge deadline has pushed average asking prices to a record high according to Rightmove...

An analysis of homes on sale in every borough of London shows up to a third of properties in some areas...

Having urged agents to think about the full marketing mix and not just price, we must look at our business relationships...

We’re used to agents in the provinces having to initiate incentives to attract vendors but the state of the high-end London...

Rightmove says the average asking price of a property coming to market in England and Wales has now passed £300,000 for the...

The property market is racing ahead, but not everyone who wants to be part of it appears to want to keep...

A property statistician says portals may be inaccurately reflecting prices in some areas because of possible double-counting of properties listed with...

Rightmove has released market data showing that across Britain the average time it takes to sell a property has dropped from...

A poor exterior of a property on sale knocks an average £57,600 off the price that a home fetches from fast-deciding...

Insurance firm Direct Line claims that there is effectively no premium in a home having a south-facing garden.  It claims analysis of...

Rightmove’s traffic levels have hit another high with visits in January up nearly 20 per cent on the same month last...

Life is getting pretty frustrating for estate agents, and not just because getting houses onto the market is such an uphill...

Online estate agency eMoov has changed the wording on its website after a complaint to the Advertising Standards Authority. The words under...

A two bedroom apartment with an asking price of £125,000 has sold for £140,000 despite - or perhaps because - its...

Mystery surrounds exactly when a house used in some of OnTheMarket's TV advertisements actually went up for sale. Estate Agent Today had...

Sellers know there is a shortage of supply of homes on the market and are therefore throwing caution to the wind...

Rightmove says it enjoyed record traffic over key Christmas and New Year days for both sales and lettings. Page views on both Christmas...

Prime Central London’s residential values have risen 4.3 per cent over the past 12 months and now average £2.3m per property...

Rightmove says the seasonal 1.1 per cent dip in average asking prices coming to market in the past month is the...

An online estate agency claims it has evidence traditional agents have attention spans “not that much longer” than goldfish when it...

The new Propcision website says it now has a tool which allows users to see the marketing histories of London properties...

Rightmove has used its latest monthly house price index to launch its bid to push up its visits to record levels...

An insurance company claims that around 60 per cent of estate agents do not check with their vendor clients about disputes...

A Liverpool vendor is putting his one-bedroom home on the market today for £65,000 through a local estate agent - but...

The domain name Houses.co.uk - which we reported last month was for sale for a surprisingly low £3,000 - has had...

An agency that offers both traditional and online sales and lettings services to clients has opened a new office - in...

A central London agency has launched a ‘try before you buy’ lettings offer on an apartment being marketed for sale at...

Franchise agency chain HomeXperts is expanding as a result of a £250,000 loan.  HomeXperts has 27 franchisees in England from Thirsk in...

Rightmove says the average asking price of a home coming to the market has reached an all-time high of £296,549 despite...

One of the UK franchise holders of US-based Keller Williams has accused this country's agency industry of being "complacent and unimaginative"...

Rightmove says the annual rate of housing asking price inflation in London is now up to 9.5 per cent - and...

Rightmove says the price of property coming to market this month has hit a new national record, up 0.9 per cent...

We’re all familiar with 'gazumping' – most us have been 'gazumped' or indeed been the perpetrators of this practice, for it...

A High Street estate agent has cautioned others within the industry against being tempted to go down the route of charging...

Online estate agency HouseSimple has changed the wording of one of its adverts after the Advertising Standards Authority (ASA) received a...

How do you best sum up the current market status quo? Given the specific regional nature of the housing market in...

An analysis of homes on sale six months after the scrapping of the ‘slab’ system of stamp duty has revealed a...

Competition is hot among home buyers in my part of southern England to take ownership of properties that come onto the...

The average asking price of a home coming to the market has hit a record high for the second month in...

The property at the centre of what has been described as the world’s first virtual open house on Facebook has sold...

Rightmove, which for many years has published a heavily-publicised monthly monitor of asking prices of homes on sale, is now extending...

The high-end market in parts of prime central London is in the doldrums because of a glut of £2m-plus homes put...

Buyers are finding haggling over house prices increasingly difficult with the typical property currently reduced by just 6.05 per cent from...

Some agents have recently suggested that the prime central London market is sluggish in the extreme - but now one agency...

The unexpected outcome of the general election has given a shot in the arm to sellers and agents leading to a...

The Advertising Standards Authority (ASA) has upheld two complaints made against online estate agency eMoov.  The first centred around eMoov’s claim that...

Search the internet and you will find a multitude of articles claiming that upgrading a property with green improvements can add...

One of London’s biggest property sales of the year so far completed a few weeks before last month’s election, despite fears at...

With some agents squabbling about whether there has been or will be a post-election bounce, Rightmove has come down firmly insisting...

The Brian Cox estate agency, at the centre of a weekend newspaper allegation about £2,000 deposits from buyers, has strongly defended...

Rightmove is reporting its highest ever average asking price as a result of a slump in the number of homes being...