"The average asking price for a home coming on the market fell by 1.9 per cent or £6,966 in cash terms this month, reaching £355,177, Rightmove said."
"Further price falls beyond the usual seasonal trends that we'd expect at this time of year signal that some new sellers are continuing to act on the advice of agents to price competitively. We entered this year under a cloud of uncertainty, as the fallout from the autumn mini-budget filtered through to lower activity levels. High mortgage rates which have added to already-stretched buyer affordability have been a challenge throughout 2023 and this is likely to carry into next year. However, for now, there appears to be more calm and certainty heading into 2024, and the annual fall of 1.1 per cent in asking prices highlights the market's much-better-than-predicted resilience this year."
[
add
]
[
|
|
...
]