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UK homeowners selling for 4.5% below asking price, survey shows
UK homeowners selling for 4.5% below asking price, survey shows

Yahoo

time27-05-2025

  • Business
  • Yahoo

UK homeowners selling for 4.5% below asking price, survey shows

UK homeowners are agreeing to sell for about £16,000 below the average asking price amid the busiest month for home sales since the pandemic boom, according to a leading property website. House sales have climbed by 6% this month compared with May last year, Zoopla found, and 13% more homes came on to the market, giving buyers more choice and helping to boost activity. The fastest rate of sales in four years was helped by falling mortgage rates and changes to how lenders assess affordability – which mean some buyers can borrow up to 20% more. The average UK home now costs £268,250 – 1.6% more than a year ago – an increase of £4,330 over 12 months, according to Zoopla's house price index. But despite the rebound, following the end of stamp duty breaks in April and a post-Easter slowdown, the typical home is still selling for about 4.5% less than the asking price, with the average asking price now standing at £367,000. Zoopla said the gap has remained stable in recent months and urged sellers to keep their pricing expectations in check. 'There are more homes coming to market, giving buyers more choice, and sellers need to remain realistic on price,' said Richard Donnell, executive director at the property site. In England, the strongest annual price growth is in the north-west, where cities such as Manchester and Liverpool are pushing up values in surrounding areas. In Blackburn, average prices are up 5.8% over the past year, followed by Wigan (4.4%) and Birkenhead (4.1%). House prices in Manchester are up 2.5%, and in Liverpool by 3%. The south of England is seeing slower price growth, with larger rises in the number of homes for sale helping to temper price inflation. The number of homes for sale is up 21% in the south-west, 17% in London, and 15% in the south-east compared with a year earlier. As a result, annual price growth across the south is now under 1%: ranging from 0.5% in the south-east to 0.9% in the south-west. In Scotland, prices have risen by an average of 2.9% year-on-year, while the number of homes for sale is up 5%. In north-west England, where supply has increased by just 3%, stronger sales activity is supporting faster price rises. Donnell said: 'More homes for sale means more buyers looking to move. This, coupled with more attractive mortgage deals and changes to how lenders assess affordability, is supporting an increase in the number of sales being agreed. 'We expect sales to keep rising over the second half of the year, with UK home values on track to be 2% higher by the end of 2025.' Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Trump's ‘egg price' claim turns real as prices drop across US
Trump's ‘egg price' claim turns real as prices drop across US

India Today

time13-05-2025

  • Business
  • India Today

Trump's ‘egg price' claim turns real as prices drop across US

President Donald Trump's claims about dropping egg prices might not have been completely misleading. The Consumer Price Index (CPI) report, published by the US Bureau of Labor Statistics showed a massive 12.7 per cent decline in egg prices in April, the sharpest monthly drop since average price for a dozen Grade A eggs fell to USD 5.12, down from March's record high of USD 6.23. This marked the first month-to-month decline in egg prices since October this month, the US President said that gas and grocery prices are falling. Reacting to the egg prices last month, Trump said, 'You can have all the eggs you want. We have too many eggs. In fact, if anything, the prices are getting too low. So I just want to let you know that the prices are down.' The latest CPI report comes after five consecutive months of soaring egg prices, driven by a severe avian flu outbreak that forced the mass culling of egg-laying hens. While April brought some relief, egg prices remain well above pre-outbreak levels. In April, a dozen large eggs still cost 79 per cent more than the same time last year, when they averaged USD recent decrease in egg prices comes amid easing pressures from avian influenza, which has devastated egg-laying flocks since early 2022, killing over 169 million birds. Outbreaks have declined from 59 in February to just three in April, allowing some stability in the egg L. Ortega, a food economics professor at Michigan State University, expects prices to continue falling through May and June due to seasonal declines in demand post-Easter and fewer bird flu risks remain. Even a single outbreak at a large-scale facility, such as those in Ohio and South Dakota last month that impacted over 927,000 hens, can disrupt supply. Rebuilding flocks is a lengthy process, taking up to a response to the crisis, the US government has taken several steps. The USDA announced a USD 1 billion investment in February to boost farm biosecurity. Egg imports have also surged, rising 77.5 per cent in the first quarter compared to the same period last year, with supplies coming from countries like South Korea, Brazil, and the Department of Justice is investigating Cal-Maine Foods—the nation's largest egg producer, which accounts for 20 per cent of the US market—over potential antitrust issues. The company, based in Ridgeland, Mississippi, reported a tripling of its net income to USD 508.5 million in the quarter ending March 1.(With input from the Associated Press)

Goa Sees 10.5% Increase in Tourist Arrivals in Q1  Amid Growing International Connectivity
Goa Sees 10.5% Increase in Tourist Arrivals in Q1  Amid Growing International Connectivity

Time of India

time12-05-2025

  • Business
  • Time of India

Goa Sees 10.5% Increase in Tourist Arrivals in Q1 Amid Growing International Connectivity

Panaji: Jan to March saw a robust 10.5% year-on-year growth in tourist arrivals, with 28.5 lakh domestic and international tourists visiting the state, up from 25.8 lakh visitors in the first quarter of 2024, said the tourism department on Monday. The tourism department attributed the sustained momentum to stronger international air connectivity and new tourism attractions in the state. At the same time, the department acknowledged that the April to June period is likely to see a slowdown in bookings. While April generally sees a dip post-Easter, May traditionally performs strongly due to school holidays and domestic leisure travel. However, current regional uncertainties have cast some unpredictability over forward demand, said department officials. 'The department has convened meetings with representatives from hospitality, transport, travel services, and alternate accommodations to review May to July booking patterns and collaboratively identify steps to mitigate any potential slowdown,' said tourism director Kedar Naik. The department said that during the Oct-Dec quarter, Goa saw a growth of 38% in domestic and international arrivals. For the entire 2024, domestic tourists increased by 22%, while foreigners increased by 3%. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like [Click Here] - 2025 Top Trending Search - Local network access Esseps Learn More Undo Goa received 9.9 million domestic tourists and 460,000 foreign tourists in 2024, as against 8.2 million domestic tourists and 450,000 foreign tourists in 2023. "Our Q1 success is not accidental — it is a result of deep partnerships, strategic planning, and consistent market outreach," said tourism minister Rohan Khaunte. He said that the department is working to integrate alternate accommodations into the formal ecosystem to get a clearer picture of tourist footfalls. The steady tourism numbers will provide some comfort for the state as the sector contributes 16.4% to the state's economy. To arrive at the tourism statistics, the tourism department claims it spoke to online travel aggregators, airlines, airports, hotels, shack operators, taxi operators, and international charter operators. To ensure that the state remains a year-round destination, the department is trying to appeal to conscious travellers, digital nomads, and off-season domestic tourists — with monsoon travel packages gaining traction in Middle-Eastern markets.

Reopening date confirmed for Cassiobury paddling pools
Reopening date confirmed for Cassiobury paddling pools

Yahoo

time06-05-2025

  • Yahoo

Reopening date confirmed for Cassiobury paddling pools

Watford's popular Cassiobury Park paddling pools are set to reopen later this month, after a brief post-Easter hiatus. The Everyone Active-managed site has been shut since April 21, having opened for two weeks during the school holidays. Watford Borough Council has confirmed that the pools will be open to the public again from Saturday, May 24 - and will remain in use until September. In a social media post, the council explained that this seasonal schedule is based on the usage of the pools in recent years and is aimed at "making sure they're open when families enjoy them most". Cassiobury paddling pools. (Image: WBC) This year's Easter season brought changes that WBC says are designed to "improve the visitor experience". A 50/50 entry split has been reintroduced, meaning here will be 135 places per session available by the booking app ( and 135 walk-in spaces offered on a first come, first served basis each session. Session times have also been increased, with each one now lasting 90 minutes. The Cassiobury paddling pools, managed on behalf of WBC, welcomed 53,000 people last year along – highlighting its appeal as a top family destination, the council has said. Nestled within 190 acres of beautiful parkland, they boast three splashpads, exciting water jets, and fountains for children to enjoy during the warmer months.

Aldi's 9p Easter eggs branded 'bargain of the century' but shoppers convinced there's a catch
Aldi's 9p Easter eggs branded 'bargain of the century' but shoppers convinced there's a catch

Daily Record

time29-04-2025

  • Business
  • Daily Record

Aldi's 9p Easter eggs branded 'bargain of the century' but shoppers convinced there's a catch

Aldi shoppers have hailed the store's latest post-Easter promotion as the "bargain of the century" for chocoholics. The deal, which many customers only spot when they reach the checkout, has seen the supermarket slashing prices on all unsold Easter chocolate after Sunday, April 20. Social media has been abuzz with people sharing how a variety of confectionery items have had their prices dramatically cut, some to as low as 9p. Even premium branded Easter eggs, such as Creme Eggs and other Cadbury favourites, have seen their prices plummet at the tills to just a fraction of their original cost. An Instagram user (@Newfoodsuk) encouraged followers to "run to Aldi" to snap up the discounted chocolates before they're all gone. The offer isn't limited to Easter eggs - the user's video also highlighted price reductions on lollipops and hot chocolate bombs. Shoppers online have reported that even the more luxurious offerings, like Aldi's Double Indulgence eggs which were priced at £11.99, are now being bagged for a mere 9p at the checkout. There was also joy among customers to find that the Free From range was included in the discounts, ensuring those with dietary restrictions don't miss out on the sweet deals, reports the Mirror . One Instagrammer commented on the discovery, remarking: "I got a couple of eggs from my local Aldi after seeing this video. "The labels weren't reduced for these so I wasn't sure if I would get it for 9p but when I went to the checkout sure enough they're 9p! Nobody knows this in my local Aldi as there's quite a few left!" Others chimed in with surprise, one stating: "I thought it was a glitch at first!" Another exclaimed: "I PAID £9 FOR THAT BUBBLE TEA ONE AND NOW IT'S 9P?" Meanwhile, the TikTok user who shared the original tip noted: "We spoke to an Aldi manager today and were told they're reduced due to over stock so they've all been majorly reduced. We regularly see stock for 9p if they're trying to get rid of it for space." The bargain buzz spread to Facebook where Snack Reviews mastermind Daniel Chubb showcased a bargain collection of four Easter goodies. His haul included two Aldi specials — the grand £11.99 Double Indulgence and the quirky £7.99 Dairyfine Bubble Tea egg, complemented with a hefty Creme Egg and a medium-sized Galaxy bar. "For the doubters, these are the four eggs all 9p each from this morning in ALDI with a receipt," he said. The post sparked further amazement and joy, with one person sharing: "My Aldi had the eggs priced at full price but scanned at 9p, my kids were buzzing. I gave them a quid and said, 'Get what you want!'". Another shopper exclaimed: "My partner just came home with what he called 'the bargain of the century'. Two big bags full for under £2!" This deal is up for grabs at Aldi outlets, subject to availability. For those eager to grab some leftover Easter goodies, you can locate your closest Aldi here .

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