Via rightmove blog.
The average asking price of property coming to market fell by 2.4% (-£6,181) in November, in line with the usual pre-Christmas slowdown.
This compares with an average November fall over the last three years of 3%, so while this year’s drop is slightly more muted, it still reflects a reduction in the number of good quality higher-priced properties coming to market as the festive season approaches.
However, the underlying recovery of the housing market continues. With site traffic on Rightmove up and available property down, there are indications that momentum is building for 2014, as we await any tangible impacts of Help to Buy Phase Two. Continued via rightmove blog ...