According to The Economist, in November, the average asking price of properties listed on Rightmove in the UK fell by 1.8% month-on-month, marking the largest decline for the same period since 2012
The UK will release its autumn budget on November 26. According to data from the UK online real estate trading platform Rightmove, as of the four weeks ending November 8, the average asking price for properties listed on Rightmove in November fell by 1.8% month-on-month, marking the largest decline for the same period since 2012, and a year-on-year decrease of 0.5%.
Rightmove stated that the volume of residential listings reached a ten-year high, which also suppressed property prices
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