Rightmove’s Post

What's happening in the housing market? 🏡 📉 The average asking price of homes has dropped by 1.7% this month to £360,197, in line with the usual December monthly fall. 👉 We're seeing signs of some movers racing to beat the 1st April 2025 stamp duty deadline. Overall, market activity is significantly stronger than a year ago, with sales up 22% and new buyer demand up by 13%. 👉 Rightmove's traditional Boxing Day Bounce is coming up later in the month, where we usually see a sharp jump in activity between Christmas Day and Boxing Day. In 2023, our visits surged by 273% during this period. Our property expert Timothy Bannister says: “New sellers in December have to work particularly hard to capture the attention of Christmas-party and festivity-distracted buyers, and the 1.7% average monthly fall is a fitting gift for those who are still buying homes rather than presents. We’re continuing to see strong activity in the market as we close out the year, which reflects the growing confidence buyers are feeling about making their moves happen." Tap the link here 👉 https://bit.ly/49GtV8W

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Great comparison of the different regions across the UK! Thank you for sharing 🤓

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