House sales fell by 3% month-on-month in December, says HMRC | Maldon and Burnham Standard
It is thought the impact of recent increases in mortgage rates may now be being seen in the statistics.
Source: maldonandburnhamstandard.co.uk
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It is thought the impact of recent increases in mortgage rates may now be being seen in the statistics.
House sales are expected to be lower this year than in 2022 and some sellers may need to readjust their price and selling time expectations.
Average values rose by nearly £55,000 between March 2020 and August of this year, but are expected to drop next year, according to Halifax.
Across the UK, the average house price in October was £296,000.
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