Property market sump for November

The latest data from the Agency Express Property Activity index has highlighted a slowdown across the UK property market in November. National figures for properties ‘Sold’ sat at -8.9% while new listings ‘For Sale’ saw less of a decline at at -2.3%.

This months regional hot spot was Central England recording a robust increase in new listings at 19.6%. The largest decline in new listings was made in Wales, falling for a third consecutive month at -25.2%.

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 and this leaves us optimistic for a buoyant market in the New Year. 

To read the latest Property Activity Index report in full click here:

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