“The proportion of the asking price achieved stands at 93.1%, down slightly on May when it stood at 93.2%.
The time on the market has risen slightly to 9.4 weeks. But this figure varies significantly across the regions.”
Time on market and % asking price achieved
“The balance between supply and demand leads underlying house price changes by 3 months. The improved balance over the first half of 2011 led an improvement in the underlying rate of growth.”
Supply demand balance leads price changes by 3 months
“Figure 3 shows the proportion of postcodes registering higher and lower prices over time. The balance of change swung into negative territory over the autumn of 2010 but the extent of price changes has slowed as supply has tightened. Prices were down across 23.4% of postcodes in June 2012.”
Proportion of country registering higher and lower prices