Overview
- Rightmove reported a 1.8% monthly fall in November new‑seller asking prices, a £6,589 drop that took the average to £364,833.
- More than a third of listings had price cuts, with 34% reduced by an average of 7%, the highest share since February 2024.
- RICS said October saw declines in new buyer inquiries, agreed sales and instructions, with a net 24% of surveyors reporting fewer inquiries.
- Market participants flagged greater caution at the upper end, while homes priced under £500,000 showed more resilience.
- Hamptons found newly‑let rents down 0.5% over the year to October as renewals rose 4.0%, and EY ITEM Club forecast mortgage lending growth easing to 2.8% in 2026 from 3.2% this year.