Data via property website Rightmove in the UK
- Average asking prices for newly listed houses and apartments fell by 1.7% in December m/m
- +1.4% y/y
The report does note though that activity was robust for the time of year as movers aimed to complete sales before property purchase taxes rise in April:
- The stamp duty changes are a cloud over the market at the moment, with some groups much more impacted than others, and therefore keen to avoid the additional charges
