"Competition among UK house sellers is running at an eleven-year high, giving buyers more opportunities and keeping prices pegged this month. Property portal Rightmove is reporting this morning that the average asking price for a newly listed homes dipped by just 12 this month, to 368,019. And with more houses on the marker after a record number of early-bird new sellers coming to market sinceBoxingDay and in January potential buyers have plenty of choice."
"Rightmove says the high number of homes for sale is continuing to benefit buyers, giving them more choice and more power to negotiate. And with last November's budget behind us, net confidence among buyers and sellers in January has risen back to its highest level since September 2025, Rightmove reports. Should the Bank of England cut interest rates at its next meeting, in March, that could give borrowers another lift, as the peak spring selling season approaches."
"According to Rightmove, the average asking price is the same as a year ago, after that 12 shuffle lower. That's despite a record asking price increase for the time of year in January, which means prices are up by 2.8% since December As the market is still very price-sensitive, sellers need to pitch their properties realistically, says Colleen Babcock, property expert at Rightmove: Virtually flat prices in February really needs to be viewed alongside what happened in January."
Germany's GDP rose 0.3% in Q4 2025, Italy gained 0.3%, France increased 0.2%, the UK rose 0.1% and Japan expanded 0.1%. US and Canadian Q4 GDP figures are due on 20th and 27th February, respectively. Competition among UK house sellers is at an eleven-year high, increasing buyer choice and negotiation power. The average asking price for newly listed homes dipped by just 12 this month to 368,019, leaving the average unchanged year-on-year and up 2.8% since December. Net confidence among buyers and sellers in January returned to its highest level since September 2025. Sellers remain advised to price properties realistically.
Read at www.theguardian.com
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