Bet­ter times ahead af­ter slow-down

Yorkshire Post - Property - - PROPERTY NEWS -

RE­DUC­TIONS: More than four in five prop­er­ties sold for less than ask­ing price in Novem­ber, the high­est num­ber since records be­gan in 2013, ac­cord­ing to the Na­tional As­so­ci­a­tion of Es­tate Agents. The num­ber of house hunters fell by a fifth. Mark Hay­ward, Man­ag­ing Di­rec­tor of the

NAEA, says: “Fol­low­ing the EU ref­er­en­dum, we faced a few months of low con­fi­dence from buy­ers and sell­ers, although in Oc­to­ber the mar­ket bounced back to full form. We ex­pect this is still the case, and this month’s slow-down is sim­ply down to sea­son­al­ity as many sell­ers hold off un­til Jan­uary to put their prop­er­ties on the mar­ket.”

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