November slowdown for UK property market
The latest data from the Agency Express Property Activity Index, reports the start of the seasonal slowdown for the UK property market. National month on month figures for properties ‘Sold’ fell at -11.4% as did figures for new listings ‘For Sale’ at -13.6%.
London sat at the top on this months leader board with new listings ‘For Sale’ sat at a 41.7%. The largest declines were recorded in Wales with new listings ‘For Sale’ at -31.4% and properties ‘Sold’ at -15%.
Commenting on the latest index results, Stephen Watson, Managing Director of Agency Express said:
Throughout November and as we approach the run up to Christmas, we inherently expect for the market to slow in pace. While we have witnessed the usual downturn in activity, year on year figures remain robust.
To read the latest Property Activity Index in full please click here: