Housing market: average UK asking price dips £10,000

Larger than usual festive slowdown alarms market with London, east and south-east England worst hit

Asking prices for homes coming on to the market in the UK are nearly £10,000 lower than they were in October, as the property market headed for its worst annual performance in almost a decade.

The average asking price of a UK home dipped by 3.2%, or £9,719, between October and December to £297,527, according to the property website Rightmove, with prices dipping 1.7% and 1.5% in November and December respectively.

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from The Guardian https://ift.tt/2SQyeFZ

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