Report from estate agent body underlines that housing market is slowing
The vast majority of sellers had to discount their property to secure a sale last month, while rising rents are no longer the norm, according to research from an industry body.
Almost three-quarters (72%) of property sales agreed in the UK were below the asking price in November, the report from NAEA Propertymark, a membership organisation for estate agents, said.
Report from estate agent body underlines that housing market is slowingThe vast majority of sellers had to discount their property to secure a sale last month, while rising rents are no longer the norm, according to research from an industry body.Almost three-quarters (72%) of property sales agreed in the UK were below the asking price in November, the report from NAEA Propertymark, a membership organisation for estate agents, said. Continue reading…