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Rightmove to launch real-time property report

Property website Rightmove will issue its first ever Real-time Property Report on Tuesday.

The report&#39s &#39Asking Price Trend&#39 is based on asking prices of properties marketed by Rightmove&#39s 2,900 member estate agents, setting the report apart from other house price indexes as it will act as an indicator of where the housing market is going, rather than what has happened in the past.

Rightmove covers some 30% of all estate agents and showcases a stock of about 140,000 properties throughout England and Wales. With the exception of the Land Registry the report is based on the largest sample of data of any survey in the UK and will provide average prices, percentage change over one and 12 months, and a breakdown by region and by property type.

Local data and comment from the network of Rightmove estate agents will also be available from Rightmove housing expert Miles Shipside, with a report published around the 20th of each month.

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