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Property asking prices fall £7,000 in August as more sellers come to market

From independent.co.uk

Average property asking prices dropped by more than £7,000 in August as more sellers came to the market, new data have shown. The 2.3 per cent fall from July leaves the average asking price at £301,973, according to property website Rightmove. Asking prices typically fall in August as more sellers arrive in the peak summer holiday month. However the fall this year was slightly higher than the 2.1 per cent drop recorded in August 2017. With properties typically taking 13 weeks to sell, Rightmove advised those wishing to move before Christmas to act now. Last week separate figures from Your Move suggested average house ... (full story)

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