UK Housing Market

Gloved Hands Holding A Miniature House Over A Decreasing Set Of Coins To Symbolise UK House Prices Decline

UK Housing Market Sees £5,000 Drop in Average Asking Prices for November

Average asking prices for UK homes have dropped by over £5,000 this November, reflecting a seasonal slowdown and post-budget uncertainty. While demand has begun to recover, factors like stamp duty increases and fluctuating mortgage rates continue to weigh on buyer activity. Will the housing market bounce back in 2025, or do deeper challenges lie ahead?