Buyer numbers hold steady as speculative sellers stay away say Rightmomve

Buyer numbers hold steady as speculative sellers stay away

  • Smaller than usual Autumn price bounce, with price of property coming to market seeing its lowest monthly rise at this time of year since October 2008, up by just 0.6% (+£1,942)
  • Number of sellers coming to market down by 13.5% compared to this time last year, as sluggish prices and imminence of Brexit deadline deter speculative sellers
  • In contrast, and a positive for serious sellers, buyers remain undeterred:
    • Number of sales agreed virtually unchanged (-0.5%) on the same period a year ago
    • More chance of getting a sale through to completion, with data showing that the percentage of sales agreed that have fallen through so far this year is the lowest since 2015