Article preview: Could this be the first indication that the UK housing market is turning towards a decline? The latest figures from property portal Rightmove show that average asking prices fell slightly in November. Sellers appear to be cutting their asking prices to ensure transactions are completed ahead of the end of the stamp duty holiday in March. The latest Rightmove survey shows that typical asking prices were down 0.5% in November, compared with a month earlier.
Asking prices fall as UK property market growth slows
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This 336-word blog post looks at the latest asking price data from property portal Rightmove, which shows a decline in asking prices as the end of the stamp duty holiday approaches. Written on 16th November 2020.
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