Christ­mas comes early to mar­ket

Yorkshire Post - Property - - PROPERTY -

ASK­ING prices for prop­er­ties new to the mar­ket have dropped by 3.2 per cent, ac­cord­ing to Right­move, It is the buggest monthly fall since De­cem­ber 2007.

The num­ber of new sell­ers com­ing to the mar­ket per week has fallen, down by 9.1 per cent over the last month.

Com­mer­cial di­rec­tor Miles Ship­side says: “Agents re­port that the Christ­mas slow­down has come early this year as both would-be buy­ers and sell­ers are adopt­ing a ‘wait and see’ pol­icy.

“First-time buy­ers and buy-to­let in­vestors both ap­pear to have gone missing from es­tate agents’ books.

“Per­haps they are keep­ing their hands in their pock­ets in case their bud­gets go fur­ther in a few months’ time.”

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