Average asking prices to drop 1% in 2024, predicts Rightmove
The property market displayed 'much-better-than-predicted resilience this year,' says Tim Bannister, despite a bigger than usual December dip for new asking prices.
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Rightmove predicts 4% growth for asking prices in 2025
Bullish forecast comes despite a 'larger-than-normal seasonal slowdown in pricing as we head towards Christmas'.
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'The risk of a major collapse in house prices is becoming less of a concern,' says Zoopla, although some areas could see a 5% decline next year.
Bigger ‘Boxing Day bounce’ expected as house prices tipped to rise 2% in 2026
Average asking prices fell 0.6% through 2025, but Rightmove is forecasting 'a better year for price growth in 2026 with a strong rebound in activity to kick start the year.'
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