New seller asking price dip slightly lower than usual
New seller asking
prices have fallen by 2.4 per cent in the UK property market,
according to real estate expert Rightmove.
agents need not worry about the dip, as it follows the normal
trend for the pre-Christmas period in the UK house market.
What’s more, the firm’s index also shows that the fall
is far less than is common for the end of the year.
Figures taken from the recent index also reveal a four per cent
annual growth in asking prices, which is the highest recorded since
2007. Rightmove state that the UK property market will continue to
show signs of recovery as we move into 2014.
Miles Shipside, Rightmove director and housing market analyst,
suggested that although the Help to Buy scheme had encouraged more
new buyers into the market, it had not affected the yearly trend of
a November dip in asking price.
“The excitement about Help to Buy’s early launch failed
to buck the seasonal trend of a fall in new sellers’ average
asking prices. At this time of year, it’s mainly those with a
more pressing need to sell that come to market, driving average
asking prices down,” he explained.