Article preview: Could this be the beginning of the end for the latest house price boom? New data suggests that home sellers are increasingly dropping their prices as they attempt to complete transactions ahead of the end of the current stamp duty holiday. Property website Rightmove reported a 0.9% drop in asking prices for flats and houses advertised between 6th December and 9th January, compared with a month earlier.
Beginning of the end for the house price boom?
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This 443-word blog post looks at the latest asking price data from property portal Rightmove and asks whether the current housing market boom is coming to an end, with the stamp duty holiday deadline looming. Written on 18th January 2021.
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