Now­could be time buy as prices fall

Yorkshire Post - Property - - PROPERTY -

ASK­ING prices on Right­move dropped for the third month in a row, ac­cord­ing to Right­move. The av­er­age ask­ing price of a prop­erty new to the mar­ket is now £234,858, down from Au­gust’s £236,260. Prop­erty com­ing to the mar­ket is £11,000 cheaper than it was three months ago. De­spite the 0.6 per cent monthly drop, ask­ing prices are ahead of last year by 0.7 per cent. Miles Ship­side, hous­ing mar­ket an­a­lyst at Right­move, says: “This year’s ex­tended sum­mer hol­i­day pe­riod has left new sell­ers’ ask­ing prices al­most the same as a year ago and, in­trigu­ingly, five years ago too. “In truth, the state of the hous­ing mar­ket is lit­tle dif­fer­ent now to this time last year.”

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