Prices fall though likely more due to holidays than rate rises!

Prices fall though likely more due to holidays than rate rises!

Price of property coming to the market sees first fall this year, down 1.3% in the month to £365,173 (-£4,795): Source Rightmove Monthly House Price Index

  • Prices usually drop in August, and this 1.3% drop is on a par with the average August drop over the past ten years
  • Summer holidays are taking priority and some new sellers are pricing more competitively to secure a buyer quickly, to beat the lengthy average time to completion and move home before Christmas
  • To read the latest Rightmove Monthly House Price Index, please click here
SOURCE: Rightmove

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