Market Begins To Cool As Stock Levels Fall To All-Time Low

There are early signs of the UK property market beginning to lose pace due to record prices and lack of choice, according to data released by Rightmove. The portal revealed that the price of property coming to market saw a 0.8% increase this month, pushing the national average to a new record high for the third consecutive month to £336,073. This is a much smaller rise than last month’s 1.8% or April’s 2.1%, indicating an early sign of a slowing in the pace of the current market. Read more on the Property Reporter website.

https://www.propertyreporter.co.uk/property/market-begins-to-cool-as-stock-levels-fall-to-all-time-low.html